Explain the central problem of distribution of income – InterviewSolution

1.	Explain the central problem of distribution of income
Answer» The problem for whom to produce is the problem of distribution of income. It is a problem concerning the distribution of goods and services among factors of production and individuals in an economy. This problem has two aspects : (i) Distribution of income between the different factors of production,(ii) Distribution of income in present as well as in future.

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