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Q: What is the society's first economic task?
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What is a society's first economic task?

protection/shelter, food, water, good government, education, good citizens, and a healthy and strong army


What is the basic economic problem facing all societys?

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 performance of a particular productive task within an economic system?

A productive task within an economic system usually benefits many individuals within the system. The performance of these tasks will ultimately improve the economy in the long term.


What is the first thing you should do in conducting an economic analysis?

The first step in the process of conducting an economic analysis is to identify appropriate economic indicators for specific economic forecasts or trends.


The task of economic policy is to create a prosperous America The unfinished task of prosperous Americans is to build a Great Society your accomplishments have been many these tasks remain unfinished?

The task of economic policy is to create a prosperous America. The unfinished task of prosperous Americans is to build a Great Society. Our accomplishments have been many; these tasks remain unfinished: 1) to achieve full employment without inflation; > to restore external equilibrium and defend the dollar; 2) to enhance the efficiency and flexibility of our private and public economies; 3) to widen the benefits of prosperity; 4) to improve the quality of American life -Lyndon B. Johnson Former President Lyndon felt that the most important first step in the war against poverty is