Question

Central problem of an economy arise because mcq​

Answer 1

Answer:

Explanation:

Central problem of an economy arise, because: MCQ (i) Many goods are sold in market. (ii) Government makes decisions. (iii) Shortage of labour. (iv) Multiplicity of wants and Scarcity of resouces

Answer 2

The central problems of an economy is the production of goods and services, its distribution and indisposition/sales. these problems arise mainly due to unavailability/scarcity of resources which affects all the above systems