Quote from: Dulen007 on August 12, 2025, 07:09:25 AM

Quote from: kotajikikox on August 12, 2025, 02:12:54 AM

Ever thought about what is the #1 problem all countries face? I searched and multiple sources said that an economy's number one problem is scarcity. There is an unlimited demand from humans but there are only limited resources. It becomes now a problem when the government has to answer these questions:

1. What to produce?
2. How to produce?
3. Whom to distribute the product?

With limited resources, the government has to decide on the most profitable product to make. They have to find a way where they minimize the costs but maximize the profit. But then they have to ask themselves who should benefit from the end product? Some government decide based on wealth. If you are rich, you get the best products or services. Some governments distribute it equally or based on needs but this usually happens in totalitarian authorities. Some governments mix it up and give some to those in need but also to those who pay taxes the highest.

There is a lot of reasons why this problem can't be solved for good. One is that there will always be needs from people. The population keeps growing and growing. The resources keeps on dwindling down. Not to mention corruption. Will there be a time where we would all have to literally fight for resources?

We all know scarcity is real, but I think the bigger problem is management.
A lot of countries have enough resources to keep everyone comfortable, yet we see waste in one place and shortage in another. It’s not always about lack. Sometimes, it’s bad distribution, greed, or corruption.
If leaders used resources efficiently, planned long-term, and kept the process transparent, scarcity wouldn’t feel like a permanent crisis. The danger is, when people lose trust in how resources are handled, they start competing aggressively for whatever that is left and that’s when conflicts happen.
Maybe the question shouldn’t just be “How do we produce more?”, but “How do we share better?”

I would say be mostly about corruption most of the time but I do agree with that management is something that we can talk about its relevance. Same here in our country on which we do keep on importing something or goods and other natural resources but if we do tend to zoom out that the country itself is already have that abundance of it. Why is that? They are that aiming to export in other countries to make more money instead on trying out to circulate it out on the country itself and benefit from it in terms or economic development. There might be still some exports but it shouldnt be that totally be in majority into exporting but rather it should be done on utilizing the resources and other things on which that would be benefiting out the overall economy. I can definitely say that this has something to do with corruption too on which they are that wanting to have that more money instead for thinking about in overall benefit and some sort.

This is where we can see different countries does have that different situations or conditions when it comes to economical aspects on which it will be that having that main difference depending into the governance into its leaders or simply on how its been run. Progressive one and the one doesnt have any development at all.