Question

Name any two central problems of an economy

Answer 1

hey dear friend!!!!!
Economic problem. The economic problem – sometimes called the basic orcentral economic problem – asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. It assumes that human wants are unlimited, but the means to satisfy human wants are scarce.
The other central problem of an economy relates to full utilisation of resources- land, labour, capital. ... Similarly in our agricultural land we still grow only one crop in a year. This is not a good sign, as the resources are already scarce.
hope it may help u dear!!!!!!!!!!!!!!!