Q1: Define Economics Development. Ans: Economics Development is a process in which real national income rises during the long period. If the rate of...
Tag - Economic Planning
Economic planning has become a craze in modern times. It initiates, controls and regulates the economic activities by the state, with a view to achieving well...
Economic planning implies the setting of certain targets which are tried to be achieved within a planned period. The targets are to be accomplished through...
Planning is regarded as a solution for all economic ills. It is therefore, advocated for the achievement of a variety of objectives. The objectives are not the...
Requisites/Strategy of Economic Planning: It has been universally accepted that economic planning is essential for accelerating economic development in...
Importance/Need/Role/Justification/Rationale of Economic Planning: In the under-developed countries of the world, there is a strong and powerful conviction...
Concept of Economic Planning: There was no concept of economic planning before the Twentieth century all around the world. The idea of economic planning goes...