What is the basic problems of an economy

Economic problem

like human being economic also faces the problem of unlimited targets and Limited resource with alternative uses every country has to decide about the development approach balanced and balancing it has to give priority to the satisfaction of passing one requirement the allocation of viscous resource in the production of goods and services is called problem of choice...

causes of economic problem

unlimited wants women being an unlimited being once cannot be satisfy at one time in the same manner the ones of society as a whole remain unsatisfied new ones average with changing condition and certain ones are repeated time and again once increase with the is separate of education advertisement and advancement of Civilization..

. economic resources

the choice of better use result in more satisfaction and optimum use of resources get better output in economic economy stand of optimum utilisation of available is called resource to attend the goals individual and society should better choice of use...

problem of allocation

of resource the economic has Limited resource with alternative uses for the satisfaction of unlimited wants economy has to allocation resource on this basis of priority to produce goods and services what allocating resource security has to under Tekken certain decision