Economy, asked by skrai4632, 1 year ago

What is the name of central problem of economy?

Answers

Answered by OnlyStudy21

0

❤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. Economics involves the study of how to allocate resources in conditions of scarcity.❤

HOPE IT'S HELP YOU ❤❇

Previous Question

Next Question

Similar questions

Chemistry, 6 months ago

Calcination is the process used to produce metal oxides from its ore.Answer the following questions based on calcination-1. What type of ore is it used for?(1)2. How is it different from Roasting?

Science, 6 months ago

what is IOA in detail...

English, 6 months ago

any one here fan of riyaz ali and siddharth nigam and avneet kaur and jannat zubair and mr faizu and abhishek nigam and vaishnavi rao and aashna hegde and ashi khanna and mr.mnv and sanket Mehta and unnati malharkar and rishabh chawla here...

Math, 1 year ago

Simplify (125)^(1/3)×(64)^(1/2)...

Math, 1 year ago

Add the following ; -14/5 and 5/3...

Computer Science, 1 year ago

-22 10+15 10 in binary number system...

English, 1 year ago

The book of mystery stories lying on the table Change into interrogative...

Math, 1 year ago

Please solve this two questions with solution...