Economics · Economic Planning
What is the primary meaning of 'Economic Planning'?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Efficient utilization of limited resources for pre-determined goals✓
- 2Maximizing profits for private enterprises
- 3Controlling the total population of a country
- 4Increasing imports to satisfy consumer demand
Correct answer
Efficient utilization of limited resources for pre-determined goals
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