The "standard/great" economic problem will become a major issue only after the "other" economic problem is solved.

Question

Quizplus · Accepted Answer

The "standard/great" economic problem is the problem of scarcity and how to allocate limited resources among unlimited wants and needs. This is a fundamental and ongoing issue in any economy. The "other" economic problem is not specified, so it could refer to any number of specific problems. However, it is unlikely that solving one particular economic problem would solve the issue of scarcity and resource allocation. Therefore, it is not necessary to solve the "other" economic problem first for the "standard/great" economic problem to become a major issue.

The "Standard/great" Economic Problem Will Become a Major Issue Only