Practicing Success
Practicing Success
CUET Preparation Today
The problem of “For whom to produce” relates to which of the following options?
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Which technique to be used for the production Which machines are to be used for the production How the goods are to be distributed among individuals in the economy Whether capital goods or consumer goods are to be produced |
How the goods are to be distributed among individuals in the economy |
There are 3 central problems of the economy, which are as follows:
"For whom to produce" includes who gets how much of the goods that are produced in the economy and how they shall be distributed among the individuals in the economy.
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