Question

what is an economic problem? what are the central problems of an economy? class 11th​

Answer 1

Answer:

Economic systems as a type of social system must confront and solve the three fundamental economic problems: What kinds and quantities of goods shall be produced, "how much and which of alternative goods and services shall be produced?" How shall goods be produced? ..by whom and with what resources

Answer 2

Answer:

What is an economic problem?

•Economic systems as a type of social system must confront and solve the three fundamental economic problems: What kinds and quantities of goods shall be produced, "how much and which of alternative goods and services shall be produced?" How shall goods be produced? ..by whom and with what resources...?"

what are the central problems of an economy? class 11th

• The three basic economic problems are regarding the allocation of the resources. These are what to produce, how to produce, and for whom to produce.