What are the Central problems of an economy ?
Production, distribution and disposition of goods and services are the basic economic activities of life. In the course of these activities, every society has to face scarcity of resources. Due to the scarcity every society has to decide how to allocate the scarce resources. If one looks at the question of What are the central problems of an economy , they are as under :-
[Read more…] about What are the central problems of an economy | Economics Class 12
