Question

explain central problem of an economy

Answer 1

econoмιc proвleм. тнe econoмιc proвleм – ѕoмeтιмeѕ called тнe вaѕιc or cenтral econoмιc proвleм – aѕѕerтѕ тнaт an econoмy'ѕ ғιnιтe reѕoυrceѕ are ιnѕυғғιcιenт тo ѕaтιѕғy all нυмan wanтѕ and needѕ. ιт aѕѕυмeѕ тнaт нυмan wanтѕ are υnlιмιтed, вυт тнe мeanѕ тo ѕaтιѕғy нυмan wanтѕ are ѕcarce.