1. Explain the problem of allocation …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by Nicky John Dkhar 5 years, 2 months ago
- 1 answers
Test
Related Questions
Posted by Charvi Charvi 1 year, 4 months ago
- 0 answers
Posted by Shiv Narayan Kumar 1 year, 4 months ago
- 1 answers
Posted by Vivek Saroj 1 year, 4 months ago
- 0 answers
Posted by Mahi Bansal 1 year, 4 months ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Yogita Ingle 5 years, 2 months ago
Central problems of an economy are. What to produce, How to produce, and For whom to produce. 'What to produce' relates to the problem of choice of goods and services to be produced. 'How to produce' relates to the choice of technique of production. It involves a choice between labour-intensive technique and capital - intensive technique. 'For whom to produce' relates to the distribution of goods and services across different sections of the society. It focuses on the issue of Economic Equality.
1Thank You