the questions of economics address which of the following? choose three answers. who what where when why how
The three basic questions of economics are:
- What to produce?
- How to produce it?
- For whom to produce? (this is the “who” in your list).
So, if you must “choose three answers” from who, what, where, when, why, how , the correct choices are:
- What
- How
- Who (meaning “for whom”)
These are the standard economic questions every society must answer because resources are scarce and choices must be made about allocation.