for whom production should be done ? What type of problem it is?
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The central problem for whom to produce is the problem of allocation of resources. This relates to the distribution of national products among the various individuals. ... Therefore, for proper and equal distribution of goods and services, there should be equality of income among all the people of the society.
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The central problem for whom to produce is the problem of allocation of resources. This relates to the distribution of national products among the various individuals. ... Therefore, for proper and equal distribution of goods and services, there should be equality of income among all the people of the society.
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