(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.
Story highlights. Jonathan Trappe, the American who aimed to cross the Atlantic Ocean suspended from 370 helium-filled balloons, has aborted his mission just 12 hours and about 470 miles into the journey, his Facebook page says.