Question

What are the 5 basic economic problems?

Answer 1

Answer:

Problem # 1. What to Produce and in What Quantities?

Problem # 2. How to Produce these Goods?

Problem # 3. For whom is the Goods Produced?

Problem # 4. How Efficiently are the Resources being Utilised?

Problem # 5. Is the Economy Growing?

Answer 2

Answer:

5 Basic Problems of an Economy

Problem # 1. What to Produce and in What Quantities?

Problem # 2. How to Produce these Goods?

Problem # 3. For whom is the Goods Produced?

Problem # 4. How Efficiently are the Resources being Utilised?

Problem # 5. Is the Economy Growing?

Hope its correct..

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