Business Studies, asked by tulsisharma5432, 2 months ago

what is economic planning?​

Answers

Answered by ItzBabygirl26
2

Answer:

Economic planning is a resource allocation mechanism based on a computational procedure for solving a constrained maximization problem with an iterative process for obtaining its solution. Planning is a mechanism for the allocation of resources between and within organizations contrasted with the market mechanism.

Answered by LoserLover1
13

Answer:

what is economic planning?

Economic planning is the preparation to achieve the economic objectives of the society, using the available resources within specific period of time.

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