what is the centrel problem of economics
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➡️ The economic problem sometimes called the basic or central economic problem asserts that an economy's finite resources are insufficient to satisfy all human wants and needs.
➡️ The economic problem sometimes called the basic or central economic problem asserts that an economy's finite resources are insufficient to satisfy all human wants and needs.
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CENTRAL PROBLEM OF ECONOMICS--
Production, distribution and disposition of goods and services are the basic economic activities of life. In the course of these activities, every society has to face scarcity of resources. Because of this scarcity, every society has to decide how to allocate the scarce resources.
Production, distribution and disposition of goods and services are the basic economic activities of life. In the course of these activities, every society has to face scarcity of resources. Because of this scarcity, every society has to decide how to allocate the scarce resources.
KartikSharma13:
please 1 marks wale questions bata do
okk ask
1. two secret societies formed by Giuseppe Mazzini
2. what is Zolleverein
3. Narmada Bachao Andolan is associated with which river
4. two charecterstics of laterite soil
5. which system of power sharing is called as checks and balances and why
6. one example to state that different people have different conflicting goals
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