Question

what is the meaning of economics
planing​

Answer 1

Answer:

Economic planning is a resource allocation system 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.

Answer 2

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ᴇᴄᴏɴᴏᴍɪᴄ ᴘʟᴀɴɴɪɴɢ ɪs ᴏғᴛᴇɴ ʀᴇɢᴀʀᴅᴇᴅ ᴀs ᴛᴇᴄʜɴɪǫᴜᴇ ᴏғ ᴍᴀɴᴀɢɪɴɢ ᴀɴ ᴇᴄᴏɴᴏᴍʏ. ᴡʜᴇɴ ᴛʜᴇ sᴛʀᴜᴄᴛᴜʀᴇ ᴏғ ᴀɴ ᴇᴄᴏɴᴏᴍʏ ʙᴇᴄᴏᴍᴇs ᴄᴏᴍᴘʟᴇx ᴀɴᴅ sᴜʙᴊᴇᴄᴛ ᴛᴏ ʀᴀᴘɪᴅ ᴄʜᴀɴɢᴇ ᴀɴᴅ ᴛʀᴀɴsғᴏʀᴍᴀᴛɪᴏɴ (ᴅᴜᴇ ᴛᴏ ᴘᴏᴘᴜʟᴀᴛɪᴏɴ ɢʀᴏᴡᴛʜ, ᴅɪsᴄᴏᴠᴇʀʏ ᴏғ ʀᴇsᴏᴜʀᴄᴇs, ɪɴᴅᴜsᴛʀɪᴀʟɪsᴀᴛɪᴏɴ, ᴇᴛᴄ.)