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The problems of scarcity of resources and their alternate uses arise everywhere but particularly in backward countries. For their solution non-economic considerations can be stressed. How? |
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Answer» Solution :Central problems, what to produce?, How to produce? and for whom to produce?, can be SOLVED in poor COUNTRIES by laying more STRESS on the social aspects, e.g., public utility services may be developed, labour intensive techniques may be preferred and the distribution of national income may be made equitable. VALUE: ANALYTIC |
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