In a Capitalist economy, no. If there is nobody to buy the goods then what is to fund the production?
In a Communist economy it could survive. In the soviet union many things were produced that there wasn't really demand for, simply because everything was directed by the government and producers were told what to produce. However, this gave rise to the problem that many necessities were not produced, such as toilet paper. I could write VERY much on this topic so I will not include anymore detail. You are best off looking at any A-Level Economics textbook from a Library for detailed reasoning, they cover a lot about communist Russia and influence of supply and demand.
In a Communist economy it could survive. In the soviet union many things were produced that there wasn't really demand for, simply because everything was directed by the government and producers were told what to produce. However, this gave rise to the problem that many necessities were not produced, such as toilet paper. I could write VERY much on this topic so I will not include anymore detail. You are best off looking at any A-Level Economics textbook from a Library for detailed reasoning, they cover a lot about communist Russia and influence of supply and demand.
