Economy, asked by Bijaysonowal, 1 year ago

What is economic problems ? explain in details .

Answers

Answered by Anonymous
15
The economic problem – sometimes called the basic or central economic problem – asserts that an economy'sfinite 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.



if you like my answer please add me in brilliant list
Answered by radha171
1
Hii ...

It is the problem of choice arising out of limited availability of recourses as against unlimited human wants .

______________

hope it helps !

@brainliest plz ❤️
Similar questions