Which of the following is not the central problem of the economy?

Why are the goods produced?

The correct answer is Option (1) → Why are the goods produced?

The central problems of an economy arise due to the problem of scarcity of resources and include:

1. What to produce? – Deciding which goods and services should be produced and in what quantities.

2. How to produce? – Choosing the method of production (labour-intensive or capital-intensive).

3. For whom to produce? – Determining the distribution of goods among different sections of society.

"Why are the goods produced?" is not a central economic problem.