Economic decisions are often difficult because:
1. Limited Resources: There isn’t enough money, time, or materials for everything.
2. Opportunity Cost: Choosing one thing means giving up something else.
3. Uncertainty: The future is unpredictable, making decisions risky.
4. Competing Goals: Different needs or wants can conflict.
5. Short vs. Long Term: Immediate benefits may hurt in the future, and vice versa.