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Question 1. Asked on :24 August 2019:07:50:09 PM

 Why do central problems arise ? explain .

-Added by anjali thakur Economics » Central Problem Arise

Answer:

Master Purushottam
Central problems of an economy arise due to the following reasons : (a) Limited or Scarce Resources: Resources are scarce in relation to our wants and economy cannot produce all what people want. It is the principal reason for existence of economic problems in all economies.

-Answered by Master Purushottam On 24 August 2019:08:00:44 PM


 

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