Question

briefly explain the long period objective of planning

Answer 1

,the main objective of indian planning is to achieve the goal of economic development is necessary for under developed countries because they can solve the problems of general poverty,unemoplyment and backwardness through it . economic development is concerned with the increase in per capital income and causes behind this increases .in order to calculate the economic development of a country ,we should take into consideration not only increase in its total production capacity and consumption but also increase in its population.e economic development refers to the rasing of the people from inhuman elements like poverty unemployment and I'll health etc......


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Answer 2

Answer: GDP growth- increase in GDP implies increase in the level of output in the economy.

It implies an increase in the flow of goods and services in the economy

When the increase in the flow of goods and services is consistent over a long period of time. Increase in resource base of the country and increase in productivity through innovative technology