Answer:
For whom should producers make goods?
Explanation:
One of the fundamental questions economists ask about the U.S. Economy is, "For whom should producers make goods?"
This is evident in the fact that the United States economy, just like many of the capitalist economies around the world, is concerned majorly about four primary economic questions, which are:
1. what goods and services and how much of each to produce?
2. how to produce?
3. for whom to produce?
4. who owns and controls the factors of production?
Tariffs increase the prices of goods.
Some people believe that tariffs cause a decrease in product quality
When the price of a good rises the amount demanded decreases and when the price of a good falls the amount demanded increases
FERA Federal Emergency Relief Administration
Muhammad Ibn Abdullah (S)
Ibn means the son of in Arabic :)
