Why does economic growth not completely remove the basic economic problem?
Growth always reduces the quantity of resources
Growth prevents producers from combining resources
Government must stop consumers developing new wants
Wants can continue to exceed the resources available
29 exam-style questions on OCR GCSE Economics 1.2 The basic economic problem, covering 1.2.1 Scarce resources and unlimited wants, 1.2.2 The economic problem, 1.2.3 Opportunity cost, and 1.2.4 Costs and benefits of economic choices. Each one has a worked solution and a mark scheme showing where the marks go.