What led to the emergence of economic problem?
Answers
Answered by
2
Explanation:
The problem of choice, like an individual, also applies to the society as a whole. Thus, for an economy, economic problem is the problem of resource allocation. According to Milton Friedman, “An economic problem exists whenever scarce means are used to satisfy alternative ends.
Answered by
0
Economic Problem:
The problem of choice, like an individual, also applies to the society as a whole. Thus, for an economy, economic problem is the problem of resource allocation. According to Milton Friedman, “An economic problem exists whenever scarce means are used to satisfy alternative ends.
The problem of choice, like an individual, also applies to the society as a whole. Thus, for an economy, economic problem is the problem of resource allocation. According to Milton Friedman, “An economic problem exists whenever scarce means are used to satisfy alternative ends.
Similar questions