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4 Economic Problems:
1. Consumption Problem
-what to produce
2. Production Problem
-how to produce
3. Distribution Problem
-for whom to produce
4. Growth over time
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Why indus delta has a low density of population?
the delta is near the sea and has many economic problems so thats why there is a low density in delta
Why is it important for different countries to work together?
Countries have to depend on each other now than in the past to solve economic problems ( Nova Net)
What are the two basic types of regions?
There are three basic types of regions. There are formal, functional, and vernacular regions. The formal region is used to outline governmental, physical, cultural, and economic areas. The functional regions are used for service areas. Finally, the vernacular are constructed by peoples perception.
Definition of economic geography?
Definition of economic geography is a branch of geography that looks at the economic activities in a region. It will factor in the location, organization and distribution of these activities.
What is studied in the field of economic geography?
world-wide distribution of economic resources and commodities
What are the solutions for basic economic problems?
what are the basic economic problems facing nigeria and their possible solutions
What do economics systems of other countries have in common with the US?
They face the same basic economic problems
How are the basic economic problems solved in economies?
this sucks
What are the 4 basic economics problems?
following are the 4 basic economics problems- 1 what to produce and how much to produce? 2 how to produce? 3 for whom to produce? 4 how to accelerate economic growth?
What are the basic problem in the Philippines?
The basic economic problems in the country of Philippines is high unemployment. For those that are employed low wages is another economic problem.
What are the three economic problem that all economies face because ofthe basic economic problem?
The basic economic problem which is Scarcity give rise to 3 fundamental problems. 1) What to produce (Type & how many) 2) How to produce (Methods of production) 3) Whom to produce for (Not for everyone will get the good) Because of limited resources.
What do the economics systems in other countries have in common with the economic system of the us?
They face the same basic economic problems
What are the three main elements of the basic economic problems?
scarcity,choice ,demand
Two of the United States basic economic problems during the Depression?
Germany & France
How production possibility curve helps in solving central problems of an economy?
How does ppc help in solving basic economic problems
How market forces help to solve basic economic problems?
how does the market mechanism solve the basic problem of free market economy?
How did the war affects Americas economic situation?
It created economic problems .
