--%>

Economic problem in all societies

Can someone explain/help me with best solution regarding problem of economic concept of societies...

Within all societies, the economic problem involves: (1) learning to be content with what is obtainable, (2) Equalizing the income distribution, (3) Maximizing whole social consumption and (4) Needs for goods exceeding the potential accessibility of goods.

   Related Questions in Public Economics

  • Q : Why is Scarcity existed for human

    Scarcity exists since human desires are: (i) minute relative to the means available to satisfy them. (ii) heavily affected by advertising and wants to “keep up along with the Joneses.” (iii) immoral. (iv) controllable merely through brainw

  • Q : Find out supply shifted to higher

    This market for clothing started on S0 and D0. Inside this market for clothing,: (w) demand has increased, possibly because of a raise in income. (x) new equilibrium price lies below the original equilibrium price. (y) supply may have transferred

  • Q : Divisions of labor in production

    Economic efficiency tends to be improved via: (1) Divisions of labor in specialization and production and trade according to comparative advantage. (2) Maximization of the opportunity costs. (3) Understanding macro-economics. (4) Intensive investments

  • Q : Gains from trade and economic consensus

    While considering current events and matters, economists and the common public seem to disagree relatively the most about: (i) what to do regarding the War in Iraq. (ii) whether Democrats or Republicans must win the next election. (iii) the relative costs and advantag

  • Q : Influence of decisions on consumers

    Consumer’s preferences tend to be most proficiently met whenever decisions are made: (1) Individually. (2) Through democratic voting. (3) In command economy. (4) To share out income according to requirement. What is the right

  • Q : When are relative prices serving as

    The behavior on the given list most consistent along with relative prices serving like a rationing device, and not mainly as incentives, would be as: (i) Marcia, a status-seeking social climber that turning down requests of Wayne for dates after seeing small numbers u

  • Q : Examples of scientifically positive

    Illustrations of scientifically positive statements would comprise the assertion that: (i) executing jaywalkers and atheists will enhance the morality of average Americans. (ii) racial prejudice and violent criminal acts are symptoms of dysfunctional

  • Q : Explain about the NO economic reform NO

    NO economic reform could probably: (w) remove scarcity. (x) decrease the average costs of production. (y) abolish equality in income distribution. (z) increase wages for most workers. How can I solve my eco

  • Q : What would illustrations of economic

    I need your answer on the topic of Economic problems. Please give me your suggestion that illustrations of economic capital would contain a: (1) Garbage truck. (2) $10,000 ten-year United States Treasury bond. (3) College diploma. (4) Deeded right to

  • Q : Explain the normative economic analysis

    Normative economic analysis: (w) involves only non-quantitative measures. (x) gives precise predictions of economic effects. (y) emphasizes a social science approach to problems. (z) is based upon value judgments.