Question

long answer type questions .

Describe the major economic problems.



answer answers pl​

Answer 1

Answer:

The fundamental economic problem is the issue of scarcity and how best to produce and distribute these scare resources. Scarcity means there is a finite supply of goods and raw materials. Finite resources mean they are limited and can run out.

Answer 2

Answer:

1)air pollution by releasing toxic gases like sulphur dioxide, carbon monoxide etc without treatment .

2)water pollution by releasing toxic water waste produce by industries into water bodies.

3)noise pollution by noise produce by machines in industries.

4)exploitation of resources at faster rate to satisfy the greed of few ones.

5)global crisis such as global warming, ozone layer depletion, pollution etc

6)thermal pollution by releasing hot waste water produce by industries into water bodies without cooling.