Question: It is said that a market consists of buyers and sellers with facilities communicate with each other. (a)Using relevant examples, explain how society answers the

It is said that a market consists of buyers and sellers with facilities communicate with each other.
(a)Using relevant examples, explain how society answers the three basiceconomic questions in an attempt to solve the economizing problem of“scarcity of resources an insatiable human wants”.

(b) Mention any two indicators that can be used to distinguish between economic growth and economic development respectively, of an agro-based economy.

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