discuss the central problem of an economy
Answers
Answered by
2
Answer:
The three basic economic problems are regarding the allocation of the resources. These are what to produce, how to produce, and for whom to produce.
Answered by
0
Explanation:
The basic economic activities depend on the production, distribution, and disposition of services and goods that can fulfil human requirements. However, it is known that human wants and needs have no limit. ... This immensity of want and scarcity of resources gives birth to the central problems of an economy.
Similar questions