Which form of planning is greatly influenced by the economic conditions of the town?
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Economic planning, the process by which key economic decisions are made or influenced by central governments. It contrasts with the laissez-faire approach that, in its purest form, eschews any attempt to guide the economy, relying instead on market forces to determine the speed, direction, and nature of economic evolution.
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The urban planning of a city is influenced by the political strength of the economy, its social conditions and the environmental conditions.
Explanation:
- The trends in population and the influence of political and economical forces play a major role in the urban planning of the cities. For promoting sustainable development it is necessary to achieve integrated planning.
- Planning by direction is an integral part of a socialist society where there is one central authority that plans, directs, and orders the execution of the plan according to the set targets and priorities
- In financial planning the method of planning is done where the resources are allocated in terms of money. Financial planning is essential in order to remove the difference between supplies and demand and for calculating costs and benefits of the various projects.
To know more about political and economical forces
The main cause of the development of state in present period is:
(a) Political awareness
(b) Economic Necessities
(c) Basic social nature
(d) Power / force
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