Post
Topic
Board Economics
Re: The Basic economic problems of society
by
peter0425
on 16/04/2025, 21:15:20 UTC
The basic economic problems in a society are mainly due to insufficient resources. If there is less wealth compared to the total population, there will always be financial problems in that society. If we work to create sufficient resources, we will definitely be able to properly shape our society.

Having sufficient resources but not knowing how to manage them or it not being fairly distributed to people of the society will always market the society to be unbalanced and causes economical problems.
An example is my country having very rich lands to farm on but our farmers are struggling. They need huge amount of money to start or continue farming and even then the product needs to be distributed to other parts of the country which proves to be difficult if the farms are in secluded area. Instead, what is happening is we tend to consume imported grains and other products. Which only hurts the farmers for profit. The government really should focus on the strengths they already have like agriculture.