Economic Planning

Economic Planning

Planning is the process of achieving the goals for nation economic development by using resources in the well-planned way.

Planned Economy

A planned economy is a type of economic system where investment and the allocation of capital goods is performed through economy-wide economic and production plans. A planned economy may be based on centralized, decentralized or participatory forms of economic planning.

Command Economy

A command economy or administrative command economy is any of the nominally-planned economies of the former Soviet Union and Eastern Bloc, highlighting the central role of hierarchical administration in guiding the ....

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Indian Economy