Social Sciences, asked by rishurajgupta1413, 3 months ago

what is economyand the baisis of central problem of economy​

Answers

Answered by jyothisurisetti
1

Explanation:

The fundamental economic problem is the issue of scarcity and how best to produce and distribute these scare resources. Scarcity means there is a finite supply of goods and raw materials. Finite resources mean they are limited and can run out.

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Answered by shristirsvm
1

Answer:

The fundamental economic problem is the issue of scarcity and how best to produce and distribute these scare resources. Scarcity means there is a finite supply of goods and raw materials. Finite resources mean they are limited and can run out.

Explanation:

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