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Why must societies decide for who to produce

1 Answer

4 votes

question of allocation arises because society faces the fundamental problem of scarcity--wants and needs are unlimited, but resources are limited. Because society lacks sufficient resources to produce every good that every person desires, society must decide who receives the goods and services produced.

I got this from here

www.amosweb.com/cgi-bin/awb_nav.pl?s=wpd&c=dsp&k=For+Whom?

hope this helps

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