The three central problems of any economy are: What to produce, How to produce, and For whom to produce. 'What to produce more' relates to 'what to produce'; 'how much of which resource to be used' relates to 'how to produce'; 'distribution of final produce' relates to 'for whom to produce'. 'How to increase resources' is a problem of growth, not a central allocation problem.
Which of the following is not a central problem of an economy?
CUET UG 2023 — Economics Micro
Which of the following is not a central problem of an economy?
Verified 13 Jul 2026.
Options
- A
What to produce more ?
- B
How much of which resource to be used ?
- C
How to increase resources ?
- D
Distribution of final produce among the individuals.
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