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Explain the problem of for whom …

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Explain the problem of for whom to produce

Posted by Ajay Kumar 6 years, 2 months ago

CBSE > Class 11 > Economics

3 answers

Saloni Jain 6 years, 2 months ago

The problem for whom to produce involves the distribution of final products to eCh individual in the economy i.e to select the group of people who will ultimately consume the product i.e to decide whether to produce goods for more poor,less rich or less poor, more rich .it has two aspects 1 personal distribution 2 functional distribution

Lavi Kapoor 6 years, 2 months ago

The problem of for whom to produce means the good and services are produced for which category of people who consumes it.

Himanshu Singh 6 years, 2 months ago

the problem of for whom to produce is for rich person or poor people rich have savings and income but poor has not

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