Lifeboat Vs. Spaceship Problem

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Unlimited wants and needs with limited resources- This economic problem appeared in our classes lifeboat vs. spaceship debate. In a society people will always want more but an economy will always be limited in what it can offer. This will result in some people always being unhappy. It may be more a problem with the people than the economy itself but it is a big problem that the economy can’t solve.
The disparity between the rich and the poor- This isn’t necessarily at the fault of the rich, but more opportunities need to be presented to those who aren’t wealthy. Frequently people make excuses and claim that opportunities are already there for the poor and that they don’t just work hard but this isn’t the case. While some people may make bad

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