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What is Economic Planning: Meaning and Types about?

The document discusses economic planning, defining it as an outline of schemes designed by a state to achieve predetermined economic objectives within a specified timeframe. It notes that economic planning aims to improve economic systems, uplift people socially and morally, and strengthen countries politically. Key features of economic plans include determining objectives and resources, setting priorities, designing schemes, and establishing oversight bodies. The document also outlines different types of e

Author

Mafela Tuallawt

Language

EN