Question

What are major economic decisions are taken by the government.

Answer 1

1. Recognize the scarcity of resources against the unlimited wants.

2. Identifying more important and less importation.

3. Economize (save) on the use of resources.

4. Engage in economic activity to support

5. Development and *** programs

6. ***, unemployment, inflation etc and try to provide solutions to same the government which is responsible for maintaining law and order and providing same.