 Under the topic of the economic problem we are going to study that what are the economic problems of an economy and here we are not going to express the details of the economic problem rather we are going to say the general economic problems on the broader aspect. These are the three problems that any economic agent of the society has to decide. So number one problem that is faced by the economy is what goods to produce and how much to produce. So any producer, any entrepreneur has to decide that if he is doing something in the field or he is doing something in his own business then he has to first decide what to produce and how much to and his amount, the quantity, the output, how much he should be and if we look at these two decisions then he has to estimate a lot of things. Now what he has to look at is what are the available resources with him. If he has to look at the amount of wheat that I have to produce then he will look at the amount of wheat that I have, if not just wheat then he has to look at the amount of water, food, electricity, tractor, labour, all these things. Similarly, if a person in an industry puts an estimate for him that he has to limit so many things then he will have to put an account book for him that I have available technology, I have available resources or not and if he has to look at all these things and he can do 2-3 things with his resources then he will have to prioritize that what I have to do for production and what I have to do because once you start using resources then automatically if we say that we can't finish the second thing which we can do in the computerized system. So in the production system, if a person has put layers in the poultry farm and put cheeses then after 15 days or months says that I have to do something else then the investment that he has invested will disappear. So all these decisions will have to be prioritized before that and from here he has to look at his cost of production, cost of supply and how much the decision is that how much for that he has to look at his demand, demand in the market according to the book, for which he can use different ways. The second biggest economic problem that comes in front of us is how to produce. Here how can it be related to technology? Can it be related to that technique? Can it be related to that system? So this means that any work can be done in different ways. So it is exactly the same as if we say that a chapa kana used to be written by hand, then it was done through machines, then it was computerized. This means that same work can be done in different ways. So now we have to decide in how to produce that the technique or technology or system or method, which one to use. Now if we look here, then it can be that when he uses it, then the way you are familiar that manually or hand was done in the field, it was done through bells, then use more labor. The same field, later if you look, then it is done through tractors and machines. So the same process can be done in two ways. Now if we look at this, then there is a labor intensive technique in which there is more labor. Second, when the labor is less, then at that time it can be used using machines while utilizing the capital. Similarly, when we have to look at how to produce it, then we have to look at it as its resources. And through what technique or method, how much combination of labor, capital, energy can maximize its output. The labor is the most calculated in that. I get it through which method of labor I get the most. And along with one labor, then we have to look at how much the output of that method is. So if we look at this, then it is about the labor. And along with that, it is about making it or making it. So that it can be guessed that along with that utilization, it is becoming like smoke. So in the decision of how to produce it, we have to look at all these things. And that is why the most utilization in this is the good technology that helps the laborer to save and the time is also in the form of a laborer. So it can be given more time. Third, the most important decision which is for us, which is for economic agents in society, is for home to produce. Home is the target for which all production is done. Or in other words, this is the target which your marketing agencies are doing, means the consumer. Now who is the consumer? So before that we have to look at our production. If we are standing as an entrepreneur, then we should know that the thing which is being produced by the laborer, who has to buy it? Who wants him to buy it? He wants to make his own consumption. And what he wants to do is to buy it. He has a strong purchasing power. How much is his income? So we will look at that target. And if we look here, then that purchasing power will be according to his income. So the time the recession comes into the economy, people's income is reduced. So you see that the laborer, according to that, reduces the size of his commodities, which you are seeing these days, that the size of the biscuit packet is the same, but by reducing the numbers, then for home to produce, it is being provided in its power. And if we look at this, then when we talk about income, then its income depends on the flow of output. And the flow of output, where the consumer is coming from, he is earning through his wages. Because that same consumer is working as a laborer, as a job holder, as a worker. And if he has some resources, then he is taking care of those resources. Like if he is taking care of the shops, he is taking care of the land. He is taking care of the capital. Some money, some money is in the bank. He is taking care of the interest. So he is also taking care of the flow of income. So these are all the things, and the profits that the consumer is taking through their wages. So this is the income, which decides its purchasing power. So if we look at these three decisions, then our total economic problems accumulate.