why economic problem of petrol shortage arises in almost all the economy in the world
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hey mate........
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. It assumes that human wants are unlimited, but the means to satisfy human wants are limited. Economy problem is the problem of rational management of resources or the problem of optimum utilisation of resources.it arises because 1 resources are scarce and 2
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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. It assumes that human wants are unlimited, but the means to satisfy human wants are limited. Economy problem is the problem of rational management of resources or the problem of optimum utilisation of resources.it arises because 1 resources are scarce and 2
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petrol is not available many countries...
a few countries supply allover world.like Iran ,soudhi nations..
so petrol shortage problem.economically all countries faced problem..
a few countries supply allover world.like Iran ,soudhi nations..
so petrol shortage problem.economically all countries faced problem..
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