Some of the main tasks faced by an economic system are:
What goods to produce?
What combination of inputs to use?
How to use resources? Present time versus future
Who will consume?
How to maintain economic growth?
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Economic development
the central economic problems faced by the economy are what to produce,how to produce,for whom to produce,how to achieve the fuller utilisation of resources
the peso was devalued
Living standards have declined but economic activity is increasing in secured areas. Iraq faced a civil war.
Give mGive me an example of a problem you faced on the job, and tell me how you solved ite an example of a problem you faced on the job, and tell me how you solved it
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Economic development
Mammals faced a series of ice ages.
One social hardship that settlers faced was that they lived away from home and were isolated in their own small community. An economic hardship that settlers faced was not enough money coming in which resulted in debt.
Carter and Ford both faced economic problems but neither could solve the problems.
they faced ecomonical Social legal Educational & Political SIMPLE
Describe the conditions Europe and Asia faced following WW2
Political Military Economic Legislative
economic growth, healthcare, and education
they faced shortage of food , lost of jobs , housing and education and shelters
the central economic problems faced by the economy are what to produce,how to produce,for whom to produce,how to achieve the fuller utilisation of resources