The important economic problem is the issue of scarcity; our planet has limited
resources to try and to satisfy the unlimited wants of humans. Therefore, a basic features of
economics is concerned with dealing how to distribute resources in society to make the
most effective and fair use of resources.
Therefore economic is concerned with:
✓ What to produce?
✓ How to produce?
✓ For whom to produce?
Answer:
and i don’t know
Explanation:
sorry po plss
Answer:
Why yes indeed humanity keeps increasing in size as centuries pass by and our world can only sustain so many people for so long until it all is depleted and mutiny will happen all across the vast lands of our world resulting to people scavenging for whatever supplies necessary to live. In fact in some countries like India we’re already seeing results of what happens when supplies is not enough for everyone.
Answer is as our world keeps growing there won’t necessarily be a “fair” motive to everyone.
What to produce? Generally all common needed supplies like food and safe water that will be distributed equally to everyone, no more no less. Other unnecessary commotions that would be just a waste of resources should be halted of it’s production and mainly focus on things that will suit our daily needs as to lessen the depletion of resources.
How to produce? As much as possible any production should be met with low cost of resources and as of right now we are meeting the technology to do such things like growing food out of a tiny portion of muscle from animals or replacing meat with textures of plants that will provide the exact taste to a real one. These technological improvements will eventually be a key thing to sustain billions if not trillions of people around the world with a significant low cost of resources.
For whom to produce? We cannot escape reality and soon if our population starts to grow even bigger we won’t be able to provide supplies for everyone even if distributed equally. So as bad as it sounds we would only be able to provide everyday supplies for people of use and not a burden to society. This callous way is “needed” to lessen down our population since the world’s resources is not infinite and should be use of great importance.
Explanation:
concern whom whomsoever
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