Economic Decisions


To solve the problem of scarcity we need to ask ourselves four questions, what to produce?How to produce?for whom to produce?

Usually in Economy books these questions are explained in detail but thats just redundant as the questions are quite obvious.

But you have to look at these questions from a producers point of view and a governor's point of view. 

These questions are answered by two Market Systems. The Free market and the command market.

M.Ebrahim Sadeghian