--%>

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 : Influencing goods in Economic Growth I

    I have a problem in economics on Economic Growth. Please help me in the following question. Across time, raising the output of military goods devoid of decreasing the output of civilian goods is: (1) Always unfeasible. (2) Impossible in an economy with very high unemp

  • Q : Study of economics is largely explain

    Hello guys please explain to how study of economics is broadly focused: (w) firms operate, (x) consumers make a decision what to buy, (y) Scarce resources are allocated to satisfy human requirements and (z) Resource ownership finds out the distribution of wealth and i

  • Q : Household consumer in a circular flow

    Can someone help me in finding out the right answer from the given options. In a simple circular flow model, economists classify the people who finally experience joy or suffer pain, consume goods, own resources, and who accept the burdens of inflatio

  • Q : Existence of shortages or surpluses

    Shortages or surpluses exist while: (w) transaction costs are zero. (x) quantity supplied be different from quantity demanded. (y) monopolists enjoy exorbitant profits. (z) supply prices equivalent demand prices. H

  • Q : Problem on Capitalism economies I have

    I have a problem in economics on Problem on Capitalism economies. Please help me in the following question. Economies primarily based on private resource ownership and decentralized decision making are: (i) Communistic economies. (ii) Fascist economie

  • Q : Fundamental fact of scarcity I want a

    I want a good answer on the topic of Economic problems. Please give me your suggestion that the basic fact of scarcity means that every decision includes: (i) Limitless time. (ii) Production costs. (iii) Restricted wants. (iv) Limitless resources (v)

  • Q : Earn zero profit in long run by

    Which of the given statements is right?: w) Economic profit takes within account all costs involved within producing a product. x) Accounting profit is not relevant within preparing the firm's financial statement. y) Economic profit all the time exceeds accounting pro

  • Q : Theory of Smiths - Economic Development

    Theory of economic development by Adam Smith relies upon a ________ to kick-start the process, and subsequently _________ to continue this.  (w) higher wages./ the wages fund. (x) division of labor/ higher wages. (cy) explosive p

  • Q : Bad motives make wrong decisions Which

    Which economic philosopher would have been most probably to have asserted which people do not have bad motives while they make wrong decisions; quite, they make bad computations? (w) Thomas Malthus. (x) Sir Edwin Chadwick. (y) Nassau Senior. (z) Jeremy Bentham. <

  • Q : Explained economics capital generally

    Where is generally economic capital referred: (1) Money and other financial assets. (2) Machinery, buildings and equipment. (3) Net investment minus depreciation. (4) Corporate bonds and stocks. Can anybody suggest