Economy, asked by podolskyburne, 1 year ago

Name the two central problem of economy

Answers

Answered by Solversolver
2
Economic problem. The economic problem – sometimes called the basic or central 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 limited.It is often said that the central purpose of economic activity is the production of goods and services to satisfy our changing needs and wants. The basic economic problem is about scarcity and choice.

Solversolver: mark me as brainliest plz
Answered by Tanishq2345
4
the main central problem of economy are:-
1-the increase in population
2- the thefing of tax
Similar questions