ECON 304

Chamberlain School Of Nursing

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Exam (elaborations)

Exam (elaborations) ECON 304 ECONOMIC DEVELPOMENT II
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25

July 2021

2020/2021

A+
Economic Planning: 1. It is a conscious effort on the part of any government to follow a defined pattern of economic development in order to promote rapid and fundamental change in the economy and society. 2. Planning is a technique, “a means to an end”, the end being the realization of certain predetermined, well defined aims and objectives laid down by a central planning authority. The end may be to achieve economic, social, political or military objective. 3. Planning is the mak...
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