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One of the problems an economy may face is a lack of resources. Another may be lack of skill in a particular industry. High cost of production and poor infrastructure may also be problematic to an economy.
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How is labor scarce?
Labor is scare is a situation where an economy lacks people with the proper qualifications to fill in the market place. This is one of the main scarcity problems in the economy.
What are the main players in command economy?
list the main players in command economy
What are the 4 main types of economic systems?
the 4 main types of economic systems are: a market economy, a mixed economy, a planed economy, and a traditional economy
What are three main types of economics?
The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)
What are three main economic systems?
market economy planed economy mixed economy
What are the main problems and changes needed facing Panama today?
The main problems facing Panama is the economy.
How is labor scarce?
Labor is scare is a situation where an economy lacks people with the proper qualifications to fill in the market place. This is one of the main scarcity problems in the economy.
What is the main reason of world war now?
War can be about many things but the main reason for war is money, religion, and other political problems in the economy.
What are the main players in command economy?
list the main players in command economy
Whats the main source of economy of Brazil?
The main source of economy of Brazil is from Agriculture. Brazil economy is the eighth largest economy in the world.
What are the two main types of economy?
The two main types of economy are Command and Traditional.
What domestic problems did Gerald Ford face as president?
the economy had mad high inflation because of the Arab oil crisis
What are the 4 main types of economic systems?
the 4 main types of economic systems are: a market economy, a mixed economy, a planed economy, and a traditional economy
What problems Greece are facing?
Greece is an economy driven primarily by tourism. The main problems that it is facing are unemployment of local population and sluggish growth of manufacturing sector in the country.
What is siberia main economic activity?
Oil and gas is Siberia's main economy
What are the major problems of economy?
the main problem of economy is that there is sufficent amt. of goods & services &every 1 wants to use it to satisfy their greed which is unlimited from it the problem is how to use it to get the maximum profit from it & still leave it to for coming generation.
What are problems your economy faces?
Bankruptcy
