explain the central problem of what to produce

The difficulty of deciding what commodities and services to produce is known as ‘What to Produce.’ A country’s economy must choose between producing consumer products like rice, wheat, and clothing, or capital items like machinery and equipment.

Was this answer helpful?


0 (0)

Upvote (0)

Choose An Option That Best Describes Your Problem

Thank you. Your Feedback will Help us Serve you better.

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *




Free Class