Social Sciences, asked by yashraj83, 1 year ago

explain diffrent central problems of economy​

Answers

Answered by jp696622
1

Answer:

Some of the central problems that are faced by every economy of a country are as follows: Production, distribution and disposition of goods and services are the basic economic activities of life. In the course of these activities, every society has to face scarcity of resources.

Answered by rajwalia
0

Answer:

The economic problem –sometimes called basic or central economic problem – asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. ... In a free market, the "how" of production and allocation of resources is distributed among economic agents.

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