May 2024
Intermediate to advanced
688 pages
51h 31m
English
Content preview from Business Environment, 1st Edition by Pearson
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Chapter 19: Economic Planning: Meaning, Evolution and Features | 225 |
The rise and fall of capitalism, accompanied by numerous political
and economic upheavals in the past, have served to popularize and
emphasize the importance of planning. This school of thought has
been reinforced by the writings of Schumpeter, Dobb, Sweezy, Lerner,
Keynes and others.
FACTORS THAT FACILITATE SUCCESSFUL
PLANNING IN DEVELOPING COUNTRIES
Economic planning refers to the conscious and deliberate attempt
of the state to quicken the process of economic development within
the shortest possible time making the best use of the available
resources. In the case of a developing economy characterized by
low income, unequal distribution of income and wealth and ...
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