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the basic economic problem facing all societies is CHOICE.as we do not have enough resources to satisfy human wants, we find it difficult to choose between two or more choices which leads to opportunity cost.
Germany & France
I don't think you know what an economic system means. Every single country, every single state, every single city, every town and every house have an economic system. Economics is simply the study of the choices people make under limited resources (money, time, actual resources etc). So two people trading in the middle of the desert are using an economic system.
The Basic Problems Of An Economy are: 1) What to produce 2) How to produce 3) For whom to produce Some other basic problems: 1) problem of efficient or fuller utilization of resources 2) problem of growth of resources 3) Problem of economic growth
two basic activities undertaken in an economy
the basic economic problem facing all societies is CHOICE.as we do not have enough resources to satisfy human wants, we find it difficult to choose between two or more choices which leads to opportunity cost.
the basic economic problem in the socity is choice,as we do not have enough resources to satisfy human wants, we find it difficult to choose between two or more choices which leads to opportunity cost.
yes! cause As of now, Philippines is experiencing a problem, that is overpopulation. Philippines should adopt this policy to avoid increasing of populationJyes! cause As of now, Philippines is experiencing a problem, that is overpopulation. Philippines should adopt this policy to avoid increasing of populationJ
Germany & France
Economic opportunity and religious freedom
I don't think you know what an economic system means. Every single country, every single state, every single city, every town and every house have an economic system. Economics is simply the study of the choices people make under limited resources (money, time, actual resources etc). So two people trading in the middle of the desert are using an economic system.
Delinquency in a cooperative is a common problem because some members may not fulfill their financial obligations on time, affecting the cooperative's cash flow and operation. This can lead to difficulties in meeting financial commitments, causing strain on the cooperative's resources and potentially impacting services provided to members. Effective management of delinquency through clear policies, communication, and enforcement mechanisms is essential to address this issue.
The Basic Problems Of An Economy are: 1) What to produce 2) How to produce 3) For whom to produce Some other basic problems: 1) problem of efficient or fuller utilization of resources 2) problem of growth of resources 3) Problem of economic growth
They work using lots of 0 and 1, and this two digits are the basic digits of binary number system.
what are the two basic movementskill
The Philippines are not in Hawaii. They are two completely separate groups of islands.
The four basic causes of Civil war were slavery, statesâ?? rights, sectionalism and economic factors. The south wanted to have slaves because it is an agricultural society and they also didnâ??t like the idea of outsiders. Sectionalism and economic factors also tie in with the two causes and that is because they didnâ??t like to change.