12th Class Economics Sample Paper Economics - Sample Paper-1

  • question_answer
                                                                                                           You are living in a country whose economy is underdeveloped. In this context, why there is a need of efficient utilisation of resources?

    Answer:

    Developmental needs are more in a underdeveloped economy and these have to be fulfilled with the help of limited resources. Thus, there is a need of efficient and effective utilisation of resources.   


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