The Basic economic problems of society

[NewRanger]

The reason for this is simple. The people seated in the government are rich people themselves. They do not know what the real people experience or suffer from making them ignorant and oblivious to what the real situation is past the rich ones. For democratic countries, their citizens definitely have to do a better job of voting for better politicians. Politicians who did not come from money and are ready to actually serve the people especially those under the poverty line.

And their real goal in coming there is to make the economy in the country good and prosperous with policies that are pro-people. But I am still sure that among them there are still pure ones and not all politicians are bad, there are also those who still have a conscience in their hearts, but all are constrained by the top government system and in their work they are filled with various dramas, pressures and demands that must be expedited.

[Sambitcoin01]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

Also another basic economic problem is also the rising of products and inflation of price in the economy

[Fortify]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

These "problems" have been solved in many countries around the world, in fact for a population to stay the same size or grow these fairly basic questions need to be answered. If you were talking to the first people to exist on earth, this might be useful information, but struggling to see what question or point you're trying to raise? You don't need to "ration" resources necessarily, you just need to be aware of when they are going to run out or look for more sustainable options. For example farmers know they need nitrogen and other minerals in the soil for it to stay fertile, if it's not replaced it will deplete and crops stop growing - but they can add it in from many different sources to correct this.

[Sjkah]

Population growth in any country leads to scarcity of resources in that country.  They need housing. Due to which the wealth decreases. Again the wealth is misused for many reasons. Due to these economic problems are happening.

[MRY]

The reason for this is simple. The people seated in the government are rich people themselves. They do not know what the real people experience or suffer from making them ignorant and oblivious to what the real situation is past the rich ones. For democratic countries, their citizens definitely have to do a better job of voting for better politicians. Politicians who did not come from money and are ready to actually serve the people especially those under the poverty line.

And their real goal in coming there is to make the economy in the country good and prosperous with policies that are pro-people. But I am still sure that among them there are still pure ones and not all politicians are bad, there are also those who still have a conscience in their hearts, but all are constrained by the top government system and in their work they are filled with various dramas, pressures and demands that must be expedited.

Of course, some deliberately have their personal agendas and another will always have an interest in doing what is for the common good. However, it cannot be ignored the fact that the current system often prohibits them from moving around as they wish, hence making it tough for the good intention to be implemented. Various stakeholders exert pressure on them, expectations that are still being made, and rivalry with adverse motives do not make their journey a walk in the park. Nevertheless, there are people who do not lose their principles and perform their work for the sake of many people despite numerous obstacles. The hope of change can only run as long as there are those who do not stop struggling for the good.

[Rhow]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

Many types of work can cause economic problems. Population growth is one of the reasons for this. Population has increased, but job opportunities for the youth have not increased. Again, economic problems also occur due to illegal money or wealth laundering. Such problems also occur due to not paying taxes on time and regularly. We, the common people, have to take care of all these issues

[Accardo]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

Many types of work can cause economic problems. Population growth is one of the reasons for this. Population has increased, but job opportunities for the youth have not increased. Again, economic problems also occur due to illegal money or wealth laundering. Such problems also occur due to not paying taxes on time and regularly. We, the common people, have to take care of all these issues

A society is made up of millions of people with different upbringing and decisions caused by the type of environment where they grew up. So, some certain behaviors wouldn't be erased from the society. Many illegal activities may not get settled in a lot of environments. Which affects the economical growth of the nation, as it accumulates to substantial loss of resources over a long period.

If people must take it upon themselves to resolve economic problems it's best to make "home training" the biggest investment, and in the nearest future the society will experience a massive growth in various aspect of human behavior.

[CryptopreneurBrainboss]

Population growth in any country leads to scarcity of resources in that country.  They need housing. Due to which the wealth decreases. Again the wealth is misused for many reasons. Due to these economic problems are happening.

Ain't there being countries that have controlled their population growth, why can't the countries been affect by population growth pass laws that can help to combat that. We're having limited resources everyday because of climate change and population explosion so if we don't control the rate at which the population is increased, we're going to give ourselves problem in the future. Already jobs are becoming scarces because of the numbers of graduates we're having yearly without having availability of slots for people to get good playing jobs. Not enough companies are getting launched because the profits aren't there anymore as people don't even have money to spend. Population increase is our biggest problem in the world and that has to be tackled first before anything else.

[Pi-network314159]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

issues like inflation, bad governance, wars, bad leadership and natural disasters are major problem of nations that if properly handled can help in boosting productivity and help in the stability of a nation.

the major economic problem of a nation is what you have just listed here @hewlet and not what the op explained have just explained. of course if any of this listed problem occurs in a country then their is a possibility that the economy will not do fine. for example the wildfire of California is a natural disaster that have destroyed life and properties, and this will require a lot of fund to build back most of the destroyed property. this will require seeking help from neighboring country or warrant taken loan to rebuild it and slowing the economic strength or power down.

[HelliumZ]

Population growth in any country leads to scarcity of resources in that country.  They need housing. Due to which the wealth decreases. Again the wealth is misused for many reasons. Due to these economic problems are happening.

However, population growth is responsible for creating economic problems for a country, but if a country can convert population growth into wealth, then population growth cannot create any problems for that country. Creating well-educated, skilled citizens As the population of a country increases, that population plays an important role in the economic development of that country. However, in many cases, a country falls into economic difficulties due to uncontrolled population growth, geographical location, political crisis, or even lack of well-educated citizens.

[coupable]

Maybe it's just from a few points but it's clear that the basic thing is complex, meaning that until now there are still social inequality, unemployment, inflation.

The series of intellectual ideologies that guide the capitalist economic system and its principles are behind the recurring economic crises in the changing and dysfunctional economic cycle, and is based on the principle of profit, monopoly and control. Capitalist crises have been subject since their inception to the scientific economic ideological course that has been formed since the late eighteenth century until today.

[Agbamoni]

Population growth in any country leads to scarcity of resources in that country.  They need housing. Due to which the wealth decreases. Again the wealth is misused for many reasons. Due to these economic problems are happening.

Ain't there being countries that have controlled their population growth, why can't the countries been affect by population growth pass laws that can help to combat that. We're having limited resources everyday because of climate change and population explosion so if we don't control the rate at which the population is increased, we're going to give ourselves problem in the future. Already jobs are becoming scarces because of the numbers of graduates we're having yearly without having the availability of slots for people to get good playing jobs. Not enough companies are getting launched because the profits aren't there anymore as people don't even have money to spend. Population increase is our biggest problem in the world and that has to be tackled first before anything else.

Every successful economy comes with preservation and proper management. I dont see population to be a problem at all. China, Japan, and other countries with a high population still have a better economy compared to countries with a lower number of citizens. Honestly, how the country preserves and manages everything they do within it makes it more profitable to them that it doesnt affect their economy in a negative way. The solution of enacting laws will help very well. People are more controlled when there is a law that they should obey. The free will to give birth anyhow should be limited because i dont see any good reason why someone who cant afford to feed himself will give birth to 10 children to roam in the street and cause chaos.

[Onyeeze]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

actually you are right because lack of resources being a society causes problem because a process whereby there is enough resources in the society things always go in order the way it is being planned or being scheduled so basic economy of any country or any society with determine how the society believe neither peacefully or they will leave without peace so it is based on economic resources that will determine the method of life people level will leave in such environment, so I believe that we have we have to be creative for anything we are doing to support ourselves or thing's we do

[Gozie51]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

But my question is were these resources scarce from the origin? The answer is no. Therefore, I think the challenge is more of mismanagement that has led to corruption and that makes it uncontrollable. Corruption is difficult to stop and when government don't do the right thing, they try to borrow unnecessarily without planning. Improper planning and printing of money lead to inflation.

What you have listed is chains of production but before then you need to factor in how inflation will cause high price of goods when they are produced. If you sell at a high price to a consumer whose monthly salary has been stagnant for 5 years whilst the price of goods has increased more than 10 times for that same 5years, it means the economy is not progressing proportional to the income power of consumer therefore leading to low standard of living. These are the reasons you see people begging on the streets while others take begging as a cooperate adventure because they can't make ends meet as a labour force.

So the culprit is mismanagement of resources and not that resources are not there , both human, animal and natural resources are still available.

[ndutndut]

Population growth in any country leads to scarcity of resources in that country.  They need housing. Due to which the wealth decreases. Again the wealth is misused for many reasons. Due to these economic problems are happening.

However, population growth is responsible for creating economic problems for a country, but if a country can convert population growth into wealth, then population growth cannot create any problems for that country. Creating well-educated, skilled citizens As the population of a country increases, that population plays an important role in the economic development of that country. However, in many cases, a country falls into economic difficulties due to uncontrolled population growth, geographical location, political crisis, or even lack of well-educated citizens.

Agree with you. Population growth is one of the factors why people's economic problems are difficult to overcome. For example, in my country, Indonesia, which is a large country and has the fourth largest population in the world. So economic problems in my country have always been the main problem and even become the government's vision and mission in every election, but until now this problem has been difficult to overcome. As you said because of the large population, the government has difficulty reaching everyone.

Actually, it is not difficult if state officials do not commit corruption, but corruption is also a serious problem that has an impact on economic growth in my country. So it is useless to hope for the government because many government officials are corrupt and in the government system there has been systemic damage in every institution in my country. So that the political economic policy produces structural poverty, this seems deliberate because it can be used at the election moment with the solution only being given social assistance, free basic necessities, and distributing t-shirts. And re-elected as officials.

So the increasing population growth does hinder the people's economy because the state has difficulty accessing all levels of society so that education and employment are not obtained by the people. Finding officials who are not corrupt is quite difficult in my country, because the law in my country is sharp at the bottom and blunt at the top. I hope my country recovers and the people's economy can grow.

[LDL]

The basic economics problens of society arise because of scarcity of resources.
Every society has to address three basic problems of daily living namely: what commodities to produce;how to produce them; for whom to produce these goods and services; and how to distribute. It must ration resources over time as well as maintain the current level of output and strive to achieve economic growth in the society

The economic condition of a society mainly depends on some things beyond these. If all these measures are not taken, then social development is hampered. Socio-economic conditions: Without good communication and transportation systems, it is not possible to increase production capacity in any way. In rural environments, we produce crops, but if we cannot produce and export those crops at the right time, the raw materials will be wasted. As a result, despite increased production capacity, rural economic development will never be possible without improved communication systems.

[peter0425]

But my question is were these resources scarce from the origin? The answer is no. Therefore, I think the challenge is more of mismanagement that has led to corruption and that makes it uncontrollable. Corruption is difficult to stop and when government don't do the right thing, they try to borrow unnecessarily without planning. Improper planning and printing of money lead to inflation.

Non renewable sources are now scarce and it is only now people are realizing how it would affect us greatly if these sources were to run out. There is nothing else we can do but regret and think of other ways to get products from.

So the culprit is mismanagement of resources and not that resources are not there , both human, animal and natural resources are still available.

Even some animal resources are also slowly disappearing. Climate change is also increasing and we might be seeing more of natural resources decrease as well.

[Zanab247]

Corruption is one of the basic economic problem, corruption is among the things that is causing some countries to experience economic problem, but once there is corruption in the country, it will be difficult for such government to approve anything that will increase the economic for the country to enjoy. Lack of investment can also be  the basic economic problem in a country, there are some governments that will not establish companies that will be bringing money into the government account, and it will make the country not to grow in the area of investment.

Bad economics setting can be the basic economic problem in the society, I know that the wish of the leaders in the society is to make the people in that society to enjoy good economic, but base on the wrong or bad setting of their economic, it can make the whole society to face economic problem.

[Rockstarguy]

Population growth in any country leads to scarcity of resources in that country.  They need housing. Due to which the wealth decreases. Again the wealth is misused for many reasons. Due to these economic problems are happening.

Ain't there being countries that have controlled their population growth, why can't the countries been affect by population growth pass laws that can help to combat that. We're having limited resources everyday because of climate change and population explosion so if we don't control the rate at which the population is increased, we're going to give ourselves problem in the future. Already jobs are becoming scarces because of the numbers of graduates we're having yearly without having availability of slots for people to get good playing jobs. Not enough companies are getting launched because the profits aren't there anymore as people don't even have money to spend. Population increase is our biggest problem in the world and that has to be tackled first before anything else.

Developing countries with increased population, the government knows how important it is when population is being controlled but this is not a policy they will impose because they never had plan for it. Our leaders they know the right things to do but they are not in for the right things, they have a personal goals which made them to have interest to go for the position.

A reasonable goverment who understands economy and the peoples demand would bring a policy that can control population so that it won't affect the economy, so that citizens can benefit from the economy.

[stomachgrowls]

Corruption is one of the basic economic problem, corruption is among the things that is causing some countries to experience economic problem, but once there is corruption in the country, it will be difficult for such government to approve anything that will increase the economic for the country to enjoy. Lack of investment can also be  the basic economic problem in a country, there are some governments that will not establish companies that will be bringing money into the government account, and it will make the country not to grow in the area of investment.

Bad economics setting can be the basic economic problem in the society, I know that the wish of the leaders in the society is to make the people in that society to enjoy good economic, but base on the wrong or bad setting of their economic, it can make the whole society to face economic problem.

Corruption is indeed one of the most common global problem specially on 3rd world countries on which there are governments on which is really that not wanting to have such economic development into the country on which they are really that handling out but instead they would really be just that mindful into their own pockets on how they would be able to fill it out with those corrupted money. Not all countries though shared up with  the same problem on which there are places on which that well governed and funds or taxes are really that being used on the right way. We do know that once these taxes being that used on the right way then it will be that benefit out the country on which it will create more jobs and other things that could make their citizens be able to benefit out and thats how should a country should really be managed.

Poverty, unemployment, inflation rate and other economic problems is common but its something that could be solved out or lessen at least if the government will really be that serious on trying out to fight these problems.
Yes, its not easy and its never been that can be done in a short period of time but this is much more better if they would really be making up some actions rather than on making it worst and this is something that we are really seeing in some countries when it comes to this manner.