Question

Explain the features of Economic Planning

Answer 1

Answer:

The most significant characteristic of economic planning is that it should possess definite objectives. ... For instance, economic planning has the objective to accelerate the rate of growth, elimination of trade cycles, bringing the stability and a attain full employment in the economy.

Answer 2

Answer:

The most significant characteristic of economic planning is that it should possess definite objectives. ... For instance, economic planning has the objective to accelerate the rate of growth, elimination of trade cycles, bringing the stability and a attain full employment in the economy

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