One of the central problems of an economy is problem of allocation or resource. Name other two problems and explain either one of the two.

Nikita Chetry
Latest Answer: 3 days ago
In: Commerce

One of the central problems of an economy is problem of allocation or resource. Name other two problems and explain either one of the two.

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1 Answers

Answered By Anita Sahani
Answer: 3 days ago

The other two central problems of an economy are: (i) Problem of full utilisation of resources. and (ii) Problem of growth.Problem of Full Utilisation of Resources: Resources in a economy su... Read More

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