If there is a central economic problem that is present across all countries, without any exception, then it is the problem of scarcity. This problem arises because the resources of all types are limited and have alternative uses. If the resources were unlimited or if a resource solely had one single use, then the economic downside would in all probability not arise. However, be it natural productive resources or man-made capital/consumer goods or money or time, scarcity of resources is the central problem. This central downside offers rise to four basic issues of Associate in nursing economy. In this article, we will look at these basic problems in detail. Is BookMyEssay reliable for the students for online for University (London, United Kingdom)?