Economy, asked by Ajit4325, 1 year ago

what is economic and ? what is economic planning?​

Answers

Answered by jessi84
5

hey mate here is your answer

Economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distributuon, and consumption of goods and services

Economic planning is a mechanism for the allocation of resources between and within organizations which is held in contrast to the market mechanism....

As such.,one can distinguish between centralized planning and decentralized planning .An economy primarily based on central planning is referred to as planned economy...

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Answered by RapMonster1994
5

heya mate here is your answer ....

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