WHAT TO PRODUCE

The first concern is related with, what to produce? , how much to produce? because resources are scarce, production off all needed by a society are beybond its capacity. it all simplly not posible for any economy no mater how developed it might be. So, it has to select a set among various alternatives. Productions must meet the maximium social need. The first priority goes to basic needs. However, production is guided by profit and profit knows no social knows any social justice. An economy should follow social efficiency while reallocating resources. The social norms and values should guide to maximize social satisfaction. So alloccation in best which satisfies the most .The problems of what to produce and how much to product depends on the citizens of the country.