Usually means: Unlimited wants, limited resource availability.
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We found 3 dictionaries that define the word Economic problem:

General (1 matching dictionary)
  1. Economic problem: Wikipedia, the Free Encyclopedia

Business (2 matching dictionaries)
  1. Accounting, Business Studies and Economics Dictionary (No longer online)

Definitions from Wikipedia (Economic problem)

noun:  Economic systems as a type of social system must confront and solve the three fundamental economic problems:Samuelson, P. Anthony., Samuelson, W.. Economics.

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