The Basic economic problems of society

[liuka]

It is true that the scarcity of resources is not a basic problem of a country's economy because they can get it from other countries if they really need it and the mismanagement of the resources they already have will of course have a very bad impact on their economy and what is very unfortunate is the lack of attention so that this continues to drag on which will have an impact on the people in the country, if only the government could improve governance properly of course the people would not have difficulty in finding jobs that could give them income so that it could prevent some people from committing crimes because it is difficult to get a job because the government does not manage the existing resources to provide their people with jobs.

The government and society cannot be separated in this case, because both have their respective roles that will later determine how the situation will be in the future.

The government has a policy or authority to regulate everything and the government must be filled by good people and also understand what their duties are, including creating human resources that can manage the potential that exists in a country. Likewise, society, they must also participate in building according to their abilities of course. Because if one of the two does not work, then it will also be an obstacle.

[junder]

The government and society cannot be separated in this case, because both have their respective roles that will later determine how the situation will be in the future.

The government has a policy or authority to regulate everything and the government must be filled by good people and also understand what their duties are, including creating human resources that can manage the potential that exists in a country. Likewise, society, they must also participate in building according to their abilities of course. Because if one of the two does not work, then it will also be an obstacle.

Whether it's just in my country or it happens in other countries too, the government in my country tends to only think about themselves with their high egos making them often make false promises that initially make people happy but in reality it's not like that. I know not all people or governments are like that but a government like that is like a culture. There are many motives for the government to help people's problems but it doesn't help on a large scale, so I don't expect anything from the government other than to just do their job well.

[ancafe]

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

Resource scarcity can be caused by several factors and perhaps unstable economic growth will cause problems for the survival process of most people. Resource scarcity can be caused by leadership that does not side with the people or can be called bad leadership and usually leaders like this do not have a vision and mission to create good economic growth but rather use something to enrich themselves and their groups.

If production is abundant and society cannot afford to buy, this also has quite an impact because it is about the economic growth of every society that is unstable so that what happens is not a production problem that causes problems but rather an unstable flow of income for society to meet the needs of life.

[ITExpert]

It is true that the scarcity of resources is not a basic problem of a country's economy because they can get it from other countries if they really need it and the mismanagement of the resources they already have will of course have a very bad impact on their economy and what is very unfortunate is the lack of attention so that this continues to drag on which will have an impact on the people in the country, if only the government could improve governance properly of course the people would not have difficulty in finding jobs that could give them income so that it could prevent some people from committing crimes because it is difficult to get a job because the government does not manage the existing resources to provide their people with jobs.

Scarcity of resources has great impact on the job search for new generation. When basic essential resources like education, infrastructure and technology are limited, economy slows down, greatly effecting he employment system. In such conditions, all the businesses and industries lack demands for their products which creates unemployement. Young generation who has completed their education face intense competition for limited positions which leads to unemployment. This scarcity also effects the quality of education and skills leaving young generation not prepared for evolving jobs. Countries fulfill their needs by getting resources from other countries but only these countries can afford which has standing economy. These issues can be resolved by strategic investment in education, infrastructure and industries which can lead to improvement of economy.

[liuka]

The government and society cannot be separated in this case, because both have their respective roles that will later determine how the situation will be in the future.

The government has a policy or authority to regulate everything and the government must be filled by good people and also understand what their duties are, including creating human resources that can manage the potential that exists in a country. Likewise, society, they must also participate in building according to their abilities of course. Because if one of the two does not work, then it will also be an obstacle.

Whether it's just in my country or it happens in other countries too, the government in my country tends to only think about themselves with their high egos making them often make false promises that initially make people happy but in reality it's not like that. I know not all people or governments are like that but a government like that is like a culture. There are many motives for the government to help people's problems but it doesn't help on a large scale, so I don't expect anything from the government other than to just do their job well.

This has become something we see from the government that indeed seems like they are thinking about themselves or want to be in the government seat because it is for the welfare of their own families and for the wider community they don't seem to want to know.

It is natural for people to think like that, because if you look at it they get all the facilities needed to live and that was initially intended so that they could focus on the problem. But in fact not all are like that, if shortened maybe they only represent the community to live comfortably. And let the people feel the discomfort. 

[Tmoonz]

I disagree! And I believe you mean the natural resources by the resources remark you made, right?

The basic economic problem is not the scarcity of resources but poor leadership and mismanagement, although the lack of the resource can contribute. We've seen many countries blessed with the needed resources and even populations that should have been used to their advantage but are very poor. Go to Africa and Asia to confirm that. And we've seen many countries with very little resources flourish. Go to Japan and Barbados among others to confirm.

In light of what you are saying I will generally say that the basic economic problems of any country could be misplaced priority and mismanagement of natural resources by the government of that nation because a government with even as little as any of the natural resources with good management and having the interest of their citizens at heart will maximize every opportunity of utilizing what they have to the fullest without any selfish interest, you are right lack of poor government can make a country that have lots of natural resources to be like they have nothing even when they more than enough.

[CageMabok]

Whether it's just in my country or it happens in other countries too, the government in my country tends to only think about themselves with their high egos making them often make false promises that initially make people happy but in reality it's not like that. I know not all people or governments are like that but a government like that is like a culture. There are many motives for the government to help people's problems but it doesn't help on a large scale, so I don't expect anything from the government other than to just do their job well.

Sometimes I also feel a little angry with the behavior of government officials who even like to change the rules as they wish so that it has tarnished the good name of certain institutions and the government in the eyes of the public. And because of that I really don't want to be involved in government agencies for any sector because as long as the leader has started to be less logical in making and implementing state regulations, as long as that society will no longer trust the government's attitude towards society.

[G_Besar]

In light of what you are saying I will generally say that the basic economic problems of any country could be misplaced priority and mismanagement of natural resources by the government of that nation because a government with even as little as any of the natural resources with good management and having the interest of their citizens at heart will maximize every opportunity of utilizing what they have to the fullest without any selfish interest, you are right lack of poor government can make a country that have lots of natural resources to be like they have nothing even when they more than enough.

Honesty is the main capital in life, both personally and in governance, if good intentions are not a priority at all then it is impossible to bring progress. Actually, it can be an example of how people in developed countries, they are able to manage natural resources and human resources very well so that their country becomes rich and the welfare of the people is guaranteed. I think if morality must really be upgraded in order to achieve progress and it is useless if natural resources are abundant but with poor governance then the people will continue to suffer all the time so that it does not guarantee peace except for certain people.

[Mame89]

In light of what you are saying I will generally say that the basic economic problems of any country could be misplaced priority and mismanagement of natural resources by the government of that nation because a government with even as little as any of the natural resources with good management and having the interest of their citizens at heart will maximize every opportunity of utilizing what they have to the fullest without any selfish interest, you are right lack of poor government can make a country that have lots of natural resources to be like they have nothing even when they more than enough.

Honesty is the main capital in life, both personally and in governance, if good intentions are not a priority at all then it is impossible to bring progress. Actually, it can be an example of how people in developed countries, they are able to manage natural resources and human resources very well so that their country becomes rich and the welfare of the people is guaranteed. I think if morality must really be upgraded in order to achieve progress and it is useless if natural resources are abundant but with poor governance then the people will continue to suffer all the time so that it does not guarantee peace except for certain people.

Yes, that's right. In developed countries, it is not because they are rich in natural resources but because they are rich in human resources that make their countries advanced. So indeed, to overcome fundamental economic problems in society, the role of government is greatly needed in improving the level of thinking of its people. Including the government should not prioritize personal interests but must be able to make decisions that benefit its people.

For example, a country that has fertile land, food, energy, and water, then the country must make this the main pillar for the independence and sovereignty of a country. Because with abundant natural resources, the country has great potential to achieve independence. Therefore, it is very important to have an appropriate natural resource management strategy from the government so that it can provide the greatest possible benefits to the community and encourage this country towards sovereignty.

[Callido]

I disagree! And I believe you mean the natural resources by the resources remark you made, right?

The basic economic problem is not the scarcity of resources but poor leadership and mismanagement, although the lack of the resource can contribute. We've seen many countries blessed with the needed resources and even populations that should have been used to their advantage but are very poor. Go to Africa and Asia to confirm that. And we've seen many countries with very little resources flourish. Go to Japan and Barbados among others to confirm.

In light of what you are saying I will generally say that the basic economic problems of any country could be misplaced priority and mismanagement of natural resources by the government of that nation because a government with even as little as any of the natural resources with good management and having the interest of their citizens at heart will maximize every opportunity of utilizing what they have to the fullest without any selfish interest, you are right lack of poor government can make a country that have lots of natural resources to be like they have nothing even when they more than enough.

Knowing what is right and failing to do it with greed involved and when it comes to passing on the leadership, they place a similar kind of person to replace the office. The problem of a country that has been moving from worst to worse after each election should know that the problem is coming from the electoral process, when you don't get a free fair election, then there is every tendency that the new government will act similar way to the former.

There are developed countries that have done all that without having natural resources, it's a big shame for a country with one of the highest demanding resources to still be included among underdeveloped countries,  bad government is the main cause.

[Cookdata]

Honesty is the main capital in life, both personally and in governance, if good intentions are not a priority at all then it is impossible to bring progress. Actually, it can be an example of how people in developed countries, they are able to manage natural resources and human resources very well so that their country becomes rich and the welfare of the people is guaranteed. I think if morality must really be upgraded in order to achieve progress and it is useless if natural resources are abundant but with poor governance then the people will continue to suffer all the time so that it does not guarantee peace except for certain people.

I'm not sure if it's honesty that's makes some of this developed countries or developing countries that progress. What really helps them is zero tolerance for corruption and accountability is what they prioritize. If you are been hand over millions of dollars to do a project, it's not honesty that made them do the project, it's because the know that for failure to do so will hunt them later and they are going to account for what and why he refuse to do the work he was assigned.

Check the difference between developed and underdeveloped countries, almost all politicians  are honest, they all are been given money to do one or two things but one hold their public officers accountable while the other don't, the politicians their usuall cards and run away. Some fake illnesses to avoid appearance on court, some come but some how later got release for having strong connections, not every country makes some citizens above the law.

[Promocodeudo]

The prosperity of a country is not limited to her natural resources that nature blessed her with because Many nations of the world are so blessed with natural resources but are still in abject poverty and economic crisis due to mismanagement of these monies that comes from these resources the fact of the matter is that economic growth and prosperity is a function of leadership if there is a leader that is prudent with the resources and has a vision he can turn even the most poorest country into one of the best in the world.



This is the case with most African countries a continent that is so blessed with natural and human resources is still looking for aides from the rest of the world because there is nothing like leadership in those countries the so called leaders are only interested in making themselves and families rich  the more

I think management of individual country resources available is what matters just as you said, I don't have much to say because you've outline many things relating to the discussion at hand, a country may have everything that can boast their economy and bring other aspects of development but because of the people in the helm of affair of those countries may still be found wanting in these aforementioned areas, I think I will agree with whosoever said that the basic economic problem of the society is the government itself, different government with diverse and lopsided economic plans and architecture so how do we want to experience good changes in the economic growth in some society when some myopic elements called leaders have decided to abandoned the main thing for their selfish gains, I don't want to mentioned Africa here since you've said it all, this is really a bad situation and we hope things are been done urgently to rewrite this bad picture of theirs soon.

[Oluwa-btc]

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

Let's be frank the basic economic problems of the society can't be scarcity of resources cause even with the availability of resources in the country and society we still experience underlying conditions. But ik looking at it in another aspects that if there's a privilege for employment of citizens to balance up with the availability of resources then there would be a reduction of crime and problems in the society. And while looking at this corruption should be tackled inorder to keep the people at base with enjoying what they are privilege to.

[Olatundespo]

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

Let's be frank the basic economic problems of the society can't be scarcity of resources cause even with the availability of resources in the country and society we still experience underlying conditions. But ik looking at it in another aspects that if there's a privilege for employment of citizens to balance up with the availability of resources then there would be a reduction of crime and problems in the society. And while looking at this corruption should be tackled inorder to keep the people at base with enjoying what they are privilege to.

I think most of the problems are due to lack of resources. I have seen this in my country people are constantly fighting to meet their basic needs and they think that only those needs are more important than anything else. Due to scarcity, people with low incomes get involved in criminal activities to meet their family expenses.

If you consider the needs of relatively well-off citizens compared to poor citizens, you will see many complaints about their lives such as finding alternative income to match their needs. Educating themselves for employment and as job seekers. In those cases, the number of criminals may be less but they are free from serious curses like basic economic problems.

[Odusko]

In most comments of this topic I see alot of blames is out on the government with many emphasing on the mismanagement of common wealth and resources and other's blame it on high rate of corruptions within the government system, but for a possible suggestion we need to start focusing More on workable solutions, such as improved power supply and high security, and economic enabling environment for young businesses and start up to thrive.

[l3pox]

In most comments of this topic I see alot of blames is out on the government with many emphasing on the mismanagement of common wealth and resources and other's blame it on high rate of corruptions within the government system, but for a possible suggestion we need to start focusing More on workable solutions, such as improved power supply and high security, and economic enabling environment for young businesses and start up to thrive.

You have a point here
Many people just want someone to blame, their government, their friends, theirs parents, but at the end of the day the game is mostly single player, up to you to find a way

If we could reduce government to not be a burden and incentivize young businesses definitive it would be a plus

[Odusko]

In most comments of this topic I see alot of blames is out on the government with many emphasing on the mismanagement of common wealth and resources and other's blame it on high rate of corruptions within the government system, but for a possible suggestion we need to start focusing More on workable solutions, such as improved power supply and high security, and economic enabling environment for young businesses and start up to thrive.

You have a point here
Many people just want someone to blame, their government, their friends, theirs parents, but at the end of the day the game is mostly single player, up to you to find a way

If we could reduce government to not be a burden and incentivize young businesses definitive it would be a plus

Exactly blaming other's instead of taking responsibility of the reality and look for ways to fix things, the highest virus that is eating up our todays society is the presence of high corruption, most people are corrupt to the point that, the system is being bastardized by the same people who feeds from it, many of them are in government and private sector, although everything still vall down to government, in taking responsibility to regulate every activities in the economy and making surely there is a working system.

[SuperBitMan]

I totally disagree with you, the basic economic problem is not the scarcity of resources but poor leadership, poor leadership has been the major problem of a nation, a nation or state that has good leadership resources or no resources will flourish because they will bring up good innovations that will help in growing their nation, if you have a bad leader even with many resources on ground they will still not use it well we have a lot of countries or nations in that situation right now they have a lot of resources on ground but because they are bad they can't use it for anything good which is very bad, so basic economic problem is not the scarcity of resources but poor and bad leadership, there are some countries or nation that don't have any natural resources but has only man power but they are better than those nations with a lot of Natural resources the reason for this is because of different leaders they have.

[Bluedrem]

Proper use of resources can provide a beautiful balance to the economy of a country.
For example, suppose I have 100 million, from this 100 million we have to invest such an amount of money that the profit received from it can cover the amount of money spent to meet the basic needs of the people and the amount of money spent for the development of the country, and money can be saved to provide backup during disasters.
This is like a personal development business. Where even after paying all the expenses with the profit received from the business, some money can be added to the total capital.

[SATWAT]

I totally disagree with you, the basic economic problem is not the scarcity of resources but poor leadership, poor leadership has been the major problem of a nation, a nation or state that has good leadership resources or no resources will flourish because they will bring up good innovations that will help in growing their nation, if you have a bad leader even with many resources on ground they will still not use it well we have a lot of countries or nations in that situation right now they have a lot of resources on ground but because they are bad they can't use it for anything good which is very bad, so basic economic problem is not the scarcity of resources but poor and bad leadership, there are some countries or nation that don't have any natural resources but has only man power but they are better than those nations with a lot of Natural resources the reason for this is because of different leaders they have.

Here I have to be agreed with you about this poor or corrupt leadership bring serious problems because things like these always end rule of low and end of merit system which are essential for success of any country or society.
Peoples those deserve to have control not allowed which always have wrong use of sources and power in many countries happen which are full of natural sources and things which can bring big changes into their system, but it's not working, and they are losing. Big players always involved with their own interest which is another topic, but they also never work for equality in society.
I am living in country which is also full of sources and many other things which can bring change, but corrupt leadership never allow them to do work common peoples and give them their rights which will help for having positive things.