Economic Issues – Whom to Produce for?

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Production needs to be done for whom?

This dilemma refers to culling of the categorized people who will as a conclusion consume the commodities, i.e.

  • In case to manufacture the items for poorer and less rich or for richer and less poor.
  • Since resources are deficient in every economy, none of the society can entertain all the wants of its people. Thus, a problematic situation of choice arises.
  • Items are manufactured for those community who have the compensating quantity.
  • The quantity of community to compensate for commodities depends completely upon their Income Level.
  • The meaning of which is, this dilemma is distressed with a distribution of earnings among the circumstances of production (labour, land, enterprise, and capital), who will devote in the production procedure.
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