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Solving economic problem with economic solution only is not enough. why?
Wiki User
∙ 11y ago
Its not enough bcoz it doesn't only need an economic solution it needs a government that is honest.......especially now a days. Corruption is rampant
Wiki User
∙ 11y ago
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What are some steps that might be taken to remedy the problem of economic gender inequality Will equal pay for the same job be enough to solve the problem?
women are not equal
Explain what is meant by the basic economic problem?
Economic problem is the problem regarding allocation of limited resources for the production of alternative goods and services. in other words, economic problem is the 'problem of choice'. Since the resources are scarce and they have alternative uses, there arises the problem of choice regarding the use of these resources. The law of scarcity states that goods are scare because there are not enough resources to produce all goods that people want to consume. Thus, Economic Problem is the 'problem of relative scarcity' and the 'problem of choice' arising therefrom.The basic economic problems of an economy are given below:What to produce and how much to produce?How to produce?For whom to produce?Problem of fuller utilisation of resources.Problem of efficiency in utilisation of resources.Problem of economic growth.
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.
What do you think are the main economic problems in the world today?
The main economic problem (sometimes known as TheEconomic Problem) is that the desire for most goods and services far exceeds the quantity available; that is, there is scarcity. For this reason, resources, goods and services are allocated based upon people's willingness and ability to pay for them (though this may vary depending on the economic system of an area/country).
How efficient is the economic structure?
enough
How do you improve solving word problem skills of the students?
Practice - and problem solving ! If you explain clearly how the problem should be solved - and give them enough examples - they should absorb the teachings, and apply them to a new problem !
What is the solution for solving Mexico's population problems?
Population by itself is not an issue; the problem is disorganized population growth without enough economic growth to allow greater wealth among the population. Nowadays, Mexico is following several strategies to increase economic growth, while at the same time, it is trying lower its population growth to manageable levels. These include economic and social reforms as well as family planning campaigns.
How do you use oddly enough in a sentence?
You can use "oddly enough" to introduce a surprising or unexpected piece of information. For example, "Oddly enough, the cat seemed to enjoy playing with the water in the sink."
What factors led to them overthrowing the tsar?
The tsar's reform did not go far enough towards solving the problems of the lack of constitutional freedom and economic stability for peasants
Example problem and solution for young modulus?
PROBLEM Karen does not have enough apples for her mom to make aple pie. SOLUTION Tommy gives Karen apples from his dad's grocery store.
What major economic problem was faced in America during World War 2?
finding enough workers
What is a market need?
A market need is created when there is no solution to a problem or a simpler solution is needed. It can also be created when there is not enough supply of a product or service to meet demand.
What are some steps that might be taken to remedy the problem of economic gender inequality Will equal pay for the same job be enough to solve the problem?
women are not equal
Explain what is meant by the basic economic problem?
Economic problem is the problem regarding allocation of limited resources for the production of alternative goods and services. in other words, economic problem is the 'problem of choice'. Since the resources are scarce and they have alternative uses, there arises the problem of choice regarding the use of these resources. The law of scarcity states that goods are scare because there are not enough resources to produce all goods that people want to consume. Thus, Economic Problem is the 'problem of relative scarcity' and the 'problem of choice' arising therefrom.The basic economic problems of an economy are given below:What to produce and how much to produce?How to produce?For whom to produce?Problem of fuller utilisation of resources.Problem of efficiency in utilisation of resources.Problem of economic growth.
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.
What was hit let's final solution to the Jewish problem?
Hitler's Final Solution was to eliminate the Jewish population. After segregating the Jews into ghettos and then into camps, working and starving them to death did not kill enough people quickly enough, a more permanent solution was required, this was the deliberate and rapid murder by means of the gas chambers.
How do you solve a tricky problem on math?
First step is ask yourself what you are looking for (what will the solution be like, what form, what will be a reasonable solution). Next brainstorm for multiple ways in which you can solve the problem - think of what you know in math that you can use in solving this problem (there is usually a really hard way and a not so hard way. Choose the easier way). Eliminate ways that you know or think will be obstacles or traps that will make your approach fallacious. Now make a hypothesis - a reasonable guess as to what you answer may be when you finish. Finally attack the problem. If you did all these steps extensively, most of the time you will arrive at the best, most accurate solution. At the end, reflect - could you have done it better, is their anything you learned during this problem? Also if you have enough time, come up with a similar or more extensive problem that you can solve.
