Basic Economic Problem in The Society

Basic Economic Problem in The Society

BASIC ECONOMY PROBLEM IN THE SOCIETY Economics problem can be defined as the problem people encounter in attempt to stability the numerous want with the limited resources at their disposal. The problem consist    WHAT TO PRODUCE    HOW TO PRODUCE    FOR WHOM...
OPEC Organization petroleum Exporting Countries

OPEC Organization petroleum Exporting Countries

OPEC Organization petroleum Exporting Countries OPEC is an organization made up with 13th members state and was founded in Baghdad, Iraq and was formed in September 1960 by Iran, Saudi Arabia, Iraq, Venezuela, Later the five forming members of OPEC where later joined with Nigeria (1971), Kuwait,...
What Is Economic

What Is Economic

     The subject economic has its own origin from the Greek word "OILKLNOMIESS" meaning household management. Economic has been define by various economist ADAMS SMITH (1776): - he define economist as an esquire into the nature and causes of wealth into the nation. In...