what is economic planning?
Answers
Answered by
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
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.
Hope it helps you ⛄
Similar questions