what are the basic economic problem
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Every society, regardless of its political structure, must develop an economic system to determine how to use its limited productive resources to answer the three basic economic questions of what, how, and for whom to produce.
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The basic economic problems are :-
♥ What to produce ?
♥ How to produce ?
♥ For whom to produce ?
♥ What provisions are to be made for economic growth ?
♥ What to produce ?
♥ How to produce ?
♥ For whom to produce ?
♥ What provisions are to be made for economic growth ?
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