The questions of what goods to produce, how to produce them, and for whom to produce them are of concern only in advanced industrial economies.

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The questions of what goods to produce, how to produce them, and for whom to produce them are of concern in all types of economies, including advanced industrial economies, developing economies, and traditional economies. These questions are fundamental to the study of economics and are central to the concept of scarcity and the allocation of resources.

The Questions of What Goods to Produce, How to Produce