An economic problem generally means the problem of making a choice that occurs because of the scarcity of resources. It arises because people have unlimited desires but the means to satisfy that desire are limited at a greater level. Pakistan is one of those developing countries that is facing economic problems which are delaying the success and the growth of the country. War against terrorism is a very important reason behind the economic problem. The basic problems of an economy can be solved either by the decisions of the government or by the market through interactions of buyers and sellers.
Source: Pakistan Today April 03, 2022 19:14 UTC