What is the first question that needs to be answered when organizing an economy A. How is production to be organized B. What is to be produced C. What is the most effective allocation of resources D.?

The first question that needs to be answered when organizing an economy is B. What is to be produced? This question sets the foundation for determining the goods and services that meet the needs and wants of society. Once this is established, decisions about production organization and resource allocation can follow to support those choices effectively.