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What is to be produced?
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What is the first question to be answered when organizing an economy?
The first question to be answered when organizing an economy is "What to produce?" This involves determining which goods and services are necessary to meet the needs and wants of the population. This decision is crucial as it influences resource allocation, production methods, and overall economic efficiency. Addressing this question sets the foundation for subsequent decisions regarding how to produce and for whom to produce.
What is the first qusetion that needs to be Answered when organizing an economy?
What is to be produced?
What is the first question that needs to be answered when organizing an economy A. How is production to be organized B. What is to be produced C. What is the most effective allocation of resources D.?
The first question that needs to be answered when organizing an economy is B. What is to be produced? This question sets the foundation for determining the goods and services that meet the needs and wants of society. Once this is established, decisions about production organization and resource allocation can follow to support those choices effectively.
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Where did jhon Cabot first lan in America?
In America, you idiot! You answered the question in your question!
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In Egypt. I hope that answered your question! :)
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