Question:medium

Choice between "production for the poor" or "production for the rich" refers to:

Show Hint

"For whom to produce?" decides the target market—poor or rich—in economic planning.
  • How much to produce?
  • For whom to produce?
  • What to produce?
  • When to produce?
Show Solution

The Correct Option is B

Solution and Explanation

Step 1: Every economy answers three questions, what, how, and for whom to produce.
Step 2: Choosing "poor" or "rich" as the target does not change the type or method of production.
Step 3: It only decides who receives the goods, the beneficiary group.
\[ \boxed{\text{Option (2): For whom to produce?}} \]
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