Advertisements
Advertisements
प्रश्न
Mention the causes of economic problem.
लघु उत्तरीय
Advertisements
उत्तर
The causes of economic problems are:
- Unlimited Wants: Human wants are unlimited and keep increasing with development and civilisation.
- Limited Resources: Resources like land, labor, capital and enterprise are scarce relative to unlimited wants.
- Resources have alternative uses: Resources can be put to different uses, requiring choices on allocation.
Hence, scarcity of resources in relation to unlimited wants and their alternative uses leads to the economic problem of choice and allocation.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
