What Goods & Services Should be Produced?

Goods and services that should be produced depend on what society needs and values most. For example, in a society that values human health and wellness, resources should be allocated to produce medical supplies, technologies, and medicines. Similarly, a society that values education may prioritize resources towards creating and maintaining educational infrastructure, training teachers, and providing opportunities for learning and growth. In addition, resources may be allocated towards developing social and economic infrastructure, such as developing public transportation, providing public utilities, and creating a responsible and effective legal system. Ultimately, what goods and services should be produced ultimately depend on the needs and values of a particular society.