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Discuss the reasons of central problems …

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Discuss the reasons of central problems of an economy

Posted by Shifa Ansari 6 years, 11 months ago

CBSE > Class 11 > Economics

1 answers

Ankit Prasar 6 years, 11 months ago

Reason for central problem of economy is that resources are limited in nature and wants are unlimited so we have to decide that how to use the limited resources to fulfill the maximum wants and for that reason we classify central problem in 3 part what to produce ,how to produce ,and for whom .

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