what to produce how to produce for whom to produce efficient use of resources
what are the basic economic problems facing nigeria and their possible solutions
this sucks
The basic economic problem is about scarcity and choice, which every society has to deal with.
scarcity,choice ,demand
what to produce how to produce for whom to produce efficient use of resources
what are the basic economic problems facing nigeria and their possible solutions
They face the same basic economic problems
this sucks
The basic economic problem is about scarcity and choice, which every society has to deal with.
The basic economic problems in the country of Philippines is high unemployment. For those that are employed low wages is another economic problem.
They face the same basic economic problems
scarcity,choice ,demand
the assurances in society that basic goods and services will be provided, such as foodstuffs and oil.
Germany & France
How does ppc help in solving basic economic problems
4 Economic Problems:1. Consumption Problem-what to produce2. Production Problem-how to produce3. Distribution Problem-for whom to produce4. Growth over time