Question

write characteristics of economic planning​

Answer 1

Answer:

The most cherished elements involved in a good plan are as under:

(i) Definite Objective:

(ii) Central Planning Authority:

(iii) Democratic Character:

(iv) Only an Advisory Role of Planning Commission:

(v) Comprehensiveness:

(vi) Planning for Consumption:

(vii) Rational Allocation of Resources:

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