- What to produce- Should a society direct most of its resources to the production of military equipment or to other items such as food, clothing, or housing? A society cannot have everything its people want, so it must decide WHAT to produce.
factories, small businesses
2. How to produce- Should factory owners use mass production methods that require a lot of equipment and few workers, or should they use less equipment and more workers?
3. For whom to produce- After a society decides what and how to produce, the things produced must be allocated to someone.