(December 2015) (Learn how and when to remove this template message) The economic problem â sometimes called the basic or central economic problem â asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. It assumes that human wants are unlimited, but the means to satisfy human wants are scarce. Three questions arise from this:
August 8, 1993: Six people were killed when their balloon hit a power line near Aspen, Colorado, tearing off the basket and sending it plunging 100 feet to the ground. December 11, 1990: Four people died near downtown Columbus, Ohio, after their hot-air balloon hit a television tower and deflated.
Most crashes occurred when the hot air balloon was landing, with 65 percent of them involving hard landings. Collisions with power lines, trees, buildings and the ground accounted for 50 percent of all the serious injuries and all of the fatalities found in the study.