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Economics Csec Past Papers  Form

Economics Csec Past Papers Form

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welcome back to learn skn and today we have the economics may june 2021 paper one so we're gonna do may june 2021 paper one for seasick economics but before we jump into it you know what to do like the video subscribe to the channel and hit the notification bell so you know when you learn skn drops another video probably part two of the mid-june 2021 paper one so without further ado let's jump right into it we know the formula already let's go number one in economics the excess of human wants over existing resources is known as and the answer here is scarcity because we know that human wants uh infinite and resources are finite and so you have what you call scarcity right because things can finish uh so that's b number two and economy is best described as a a system of production distribution and consumption that's the best definition of an economy a system of production distribution and consumption how they go about doing this would determine the type of economic system whether it is

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