-The origin of the economic problem.
i.What to produce?
ii.How to produce?
iii.For whom to produce?
iv.Efficient use of resources state examples of different Economic system and how they solve
BEHAVIOURAL OBJECTIVES: At the end of the lesson the students should be able to:
1. Define the basic economic problem of the society.
2. Identify and explain the basic economic problem of the society.
3. Mention at least 3 factors that determine each Economic problems.