The basic economic problems of the society include?
Answer Details
The basic economic problems of the society refer to the fundamental questions that arise due to the scarcity of resources. The three main economic problems are:
1. What to produce: This refers to the decision of what goods and services should be produced with the limited resources available.
2. How to produce: This refers to the decision of how goods and services should be produced, given the limited resources available.
3. For whom to produce: This refers to the decision of how the goods and services produced should be distributed among the members of the society.
Therefore, the correct option is "what to produce, how and for whom".