3. Indian Economy
The system of making money
and producing and distributing
goods and services within a
country or region.
4. What is Central Problem of economy?
The way society choose to use its limited resources,
which have alternative uses, to produce goods and
services and distribute them among different groups.
The compulsion of making choices before societies is
refered to as ‘central problem’.
11. Problem
Is to produce Consumer and
Capital good or Civil and War good. What quantity of consumer and
capital goods or civil and war
goods to be produced
How much to
Produce
What commodity to
Produce
18. CREDITS: This presentation template was created by
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Thanks