what are the main causes of origin of economic problems?
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Goods and services that satisfy human wants are produced with the help of resources such as land, labour, capital and enterprise. These resources are scarce while wants are unlimited. Due to scarcity of these resources, an economy cannot produce all that goods and services as required by its citizens.
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unskilled people , corruption,drain of wealth ,large amount of reach people live in other country and take nationality of that country . generation effect (India where large amount of people are teenagers and in China large group of people are old that is why indian economy increase and in China decrease .
important part is
expenditure is grater then income
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