0
- What to produce? A nation must determine what good or services that they want to produce. How many and when?
- How to produce? Who will do the production, the resources and what production techniques they will use.
- For whom to produce? Who will gets the services and who will buy the goods produces.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are the 4 basic economics problems?
following are the 4 basic economics problems- 1 what to produce and how much to produce? 2 how to produce? 3 for whom to produce? 4 how to accelerate economic growth?
What are the five basic problems of economics?
Five Baisc Problems of economics 1) Wat to Produce? 2) In what quantity ti be produced 3) How to Produce? 4) For whom to Produce? 5)How efficiently are the Resources being utilisec??
What are the basic division in economics?
micro economics and macro economics
Basic problems in economics?
the basic problems in economics are as follows what to produce,this problem rise due to our limited resources to our unlimited wants.in economy, the producer try solve these problem by producing the commodity which have the highest demand which will leads higher profit.remember that resources (land labor capital entrepreneurship) are scare or limited.
What is a basic problems of economics?
A basic problem of economics is pure and simply a concentration of resources in the hand of a tiny group of individuals or corporations that generates most of the time total lack of access by the majority to the fullfilment of their basic needs such food, clothing, housing, healthcare and education or the quality of it.
What are the 4 basic economics problems?
following are the 4 basic economics problems- 1 what to produce and how much to produce? 2 how to produce? 3 for whom to produce? 4 how to accelerate economic growth?
What do economics systems of other countries have in common with the US?
They face the same basic economic problems
What are the five basic problems of economics?
Five Baisc Problems of economics 1) Wat to Produce? 2) In what quantity ti be produced 3) How to Produce? 4) For whom to Produce? 5)How efficiently are the Resources being utilisec??
What do the economics systems in other countries have in common with the economic system of the us?
They face the same basic economic problems
What are the basic division in economics?
micro economics and macro economics
Basic problems in economics?
the basic problems in economics are as follows what to produce,this problem rise due to our limited resources to our unlimited wants.in economy, the producer try solve these problem by producing the commodity which have the highest demand which will leads higher profit.remember that resources (land labor capital entrepreneurship) are scare or limited.
What is a basic problems of economics?
A basic problem of economics is pure and simply a concentration of resources in the hand of a tiny group of individuals or corporations that generates most of the time total lack of access by the majority to the fullfilment of their basic needs such food, clothing, housing, healthcare and education or the quality of it.
What are basic principles of economics?
What are the principles of economics
What is the basic concern of economics?
the basic concern of economics is to study the choices people make
Problems associated with teaching of economics?
What are the problems associated with teaching of economics in schools
What is the basic assumption of economics?
they lik money
What has the author Frank Livesey written?
Frank Livesey has written: 'A textbook of core economics' -- subject(s): Economics 'Stage 1 economics' -- subject(s): Economics 'Dictionary of Economics' 'Economics' -- subject(s): Economics, Marketing, Problems, exercises 'A modern approach to economics' -- subject(s): Economics 'Economics (A.C.C.A.)' 'Economics for business decisions' -- subject(s): Managerial economics 'Economics (Marketing)' 'A textbook of economics' -- subject(s): Economics 'Objective tests in A Level economics' -- subject(s): Economics, Examinations, questions, Problems, exercises
