0
Lack of economic diversity that is all nothing else
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
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 economic systems of the world?
Communism, capitalism, and socialism.capitalism
What are three main economic systems?
market economy planed economy mixed economy
Economic systems differ according to what two main characteristics?
Answer: Who owns the factors of production, and the methods used to coordinate economic activity.
What are the 3 main elements of economic problem?
Scarcity, choice, opportunity cost
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 economic systems of the world?
Communism, capitalism, and socialism.capitalism
What is one of the main purposes of the African Union?
to promote peace and economic stability in Africa
What are three main economic systems?
market economy planed economy mixed economy
Economic systems differ according to what two main characteristics?
Answer: Who owns the factors of production, and the methods used to coordinate economic activity.
What are the 3 main elements of economic problem?
Scarcity, choice, opportunity cost
What is the main problem behind the present world economic melt down?
scarcity
3 main types of economic systems?
capital resources, human resources, & natural resources
What are the problems of using the unemployment rate as an indicator of economic health?
There are a few problems with the unemployment and the economic health. The main problem is people not wanting to work.
So what are the main groups of problems that are we facing right now?
presently in Nigeria the problem possed in the economiy is the economic melt down which economic theories has not been able to tasckle.
What is the main economic in westmoreland?
What is the main economic activity in westmoreland
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).
