Question

What is the importance of economic planning for a country's development?​

Answer 1

Explanation:

The first and foremost, planning is needed even after the policy of liberalisation and privatisation for creating the social infrastructure and for human development which are of crucial importance for promoting economic development We need to build schools, colleges, hospitals, institutions of technical education and ...

Answer 2

Answer:

Explanation:

In short, only planned economic development can hope to achieve a rate of growth which is politically acceptable. The most fundamental objective of planning is to alter the pattern of resources use and possibly put it to work in other fields for a country's development.

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