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What are the three central problems of an economy? Name them. - Economic Applications

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प्रश्न

What are the three central problems of an economy? Name them.

What are the central problems of an economy?

लघु उत्तर
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उत्तर

The three central problems of an economy are:

  1. What to produce?
  2. How to produce?
  3. For whom to produce?

These problems arise due to the scarcity of resources and the need to allocate them efficiently for the production and distribution of goods and services among people.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 5: Basic Problems of An Economy - QUESTIONS [पृष्ठ ८१]

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