Economy, asked by sugatiwmano, 1 year ago

define economic planning?

Answers

Answered by shwi

economic planning is a resource allocation mechanism that is contrasted with the market mechanism. As a coordinating mechanism for socialist economics,economic planning bsubstitutes factor markets and is defined as a direct allocation of resources.

Answered by Anonymous

hope it's help you ✔️✔️

Attachments:

Previous Question

Next Question

Similar questions

English, 8 months ago

Letter : Imagine yourself as the homeopathy doctor. Write a letter to your brother about the resolutions you made about your LIFE PARTNER. IN 500 WORDS .....

Social Sciences, 8 months ago

Pradushan ke kya Karan hai ...

Math, 8 months ago

If Dy = -15 and D = -5 are the values of the determinant for certain simultaneous equations in x and y, find y...

Science, 1 year ago

how do salt come in water...

Physics, 1 year ago

what is a vector quantity...

Science, 1 year ago

how is bacterial cell different from onion peel ?

Social Sciences, 1 year ago

Write the full form DRDO...

Science, 1 year ago

Write the chemical formulae of Sodium Oxide...