Examlex
With the appearance of cathedral schools, the ________ began to lose its monopoly on higher education.
Scarcity
The fundamental economic problem of having seemingly unlimited human wants in a world with limited resources.
Society
Society refers to a group of individuals living together in a more or less ordered community, sharing common traditions, institutions, and values.
Scarcity
The basic challenge in economics of limitless human desires within a finite resource environment.
Economic Principle
Fundamental theories or laws that underpin the operation of economies and inform decision-making.
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