three mojor economic problems facing by all economy
2007-02-13 23:37:20 · 5 answers · asked by Anonymous in Social Science ➔ Economics
What to produce
Who to produce it for
How many to produce
2007-02-13 23:40:39 · answer #1 · answered by Anthony F 6 · 0⤊ 0⤋
This is the problem dealt by economics as a main factor to consider.
what to produce?
the ideal good or service should be determined.
Who to produce? at what quantity?
to produce for the Haves or Have-nots is the issue here.
How to produce?
how to allocate resources, Centrally planned (command) or market forces based decision making.
2007-02-14 12:26:50 · answer #2 · answered by monkeymorebiz 4 · 0⤊ 0⤋
3 basic problems r:
1)What to produce?
2)how to produce?
3)and for whom to produce?
2007-02-14 07:48:30 · answer #3 · answered by SS 2 · 0⤊ 0⤋
What?
How?
Who?
...and maybe why produce it
2007-02-14 08:44:38 · answer #4 · answered by Girl 3 · 0⤊ 0⤋
hi
never mind , take every thing easy
thanks
2007-02-14 07:45:55 · answer #5 · answered by sangoku sangoku 2 · 0⤊ 0⤋