Question

explain economic planning meaning defination characteristics objective of planning scope, need, importance and its type ,needs in planning or planning process​

Answer 1

Answer:

Explanation:

Economic planning is the making of major economic decision, what and how much is to be produced, and to whom it is to be allocated by the conscious decision of a determinate authority, on the basis of a comprehensive survey of the economic system as a whole.

Answer 2

Explanation:

Definite Objective: The most significant characteristic of economic planning is that it should possess definite objectives. Planning means ...

this, the economic and social targets are well defined in the process of economic planning. A certain priority is also ...

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