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Question
Democratic Planning is adopted in _________.
Democratic Planning is adopted in _________.
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Solution
The correct option is C Mixed-economy
Democratic planning is adopted in mixed economy. In democratic planning, there must be a correct comprehension of the laws of development of the society where planning is to take place. Mixed economy possess characteristics of both capitalist economy as well as socialist economy. Democratic planning involves participation of all the citizens of an economy directly or indirectly.
Democratic planning is adopted in mixed economy. In democratic planning, there must be a correct comprehension of the laws of development of the society where planning is to take place. Mixed economy possess characteristics of both capitalist economy as well as socialist economy. Democratic planning involves participation of all the citizens of an economy directly or indirectly.
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