Economics · Introduction to Economics

The central economic problem of 'how to produce' is primarily concerned with the:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1growth of resources over a period of time
2choice of technique of production (labour vs capital intensive)✓
3determination of what goods are to be produced
4distribution of final goods among consumers

Correct answer

choice of technique of production (labour vs capital intensive)

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on Introduction to Economics?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Introduction to Economics MCQs →

Recommended practice questions in Economics · Introduction to Economics

Browse More Economics →

Which of the following events is considered a major turning point that fueled Indian nationalism during British rule due to its brutal nature and widespread condemnation?

Solve Question→

Which of the following events is considered the first major peasant uprising against the British in India?

Solve Question→

The central economic problem of 'how to produce' is primarily concerned with the:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

The central economic problem of 'how to produce' is primarily concerned with the:

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions