Economics · Economic Planning
In which of the following options is economic planning best explained?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A method to allow complete market freedom without government intervention
- 2A system for solely maximizing industrial production
- 3A strategy to maintain the current economic status quo
- 4A process of setting goals and allocating resources to achieve social and economic targets✓
Correct answer
A process of setting goals and allocating resources to achieve social and economic targets
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