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What is economy issues?

Updated: 8/22/2023
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Wiki User

12y ago

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An economic issue is an issue that affects the way goods and services are supplied in a society. It may include issues affecting finance, banking, sales, production, distribution, trade, taxation, and government regulation.

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Keeley Olson

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2y ago
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Wiki User

7y ago

Some economic issues are:

  • Employment rates
  • Poverty
  • Healthcare costs
  • Energy
  • Taxes
  • College Tuition Costs
  • Monopoly
  • Inflation
  • Minimum Wage
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11y ago

An economic issue is an issue that affects the way goods and services are supplied in a society. It may include issues affecting finance, banking, sales, production, distribution, trade, taxation, and government regulation.

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Wiki User

12y ago

The economic problem, sometimes called the basic, central or fundamental economic problem, is one of the fundamental economic theories in the operation of any economy. It asserts that there is scarcity, or that the finite resources available are insufficient to satisfy all human wants and needs. The problem then becomes how to determine what is to be produced and how the factors of production (such as capital and labor) are to be allocated. Economics revolves around methods and possibilities of solving the economic problem.

In short, the economic problem is the choice one must make, arising out of limited means and unlimited wants.

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11y ago

i don't know what economic issues mean so I need someone to answer this for me.

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