The planning authority of a socialist economy aims at ___________ distribution of income.
A
inequitable
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B
equitable
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C
random
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D
scattered
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Solution
The correct option is B equitable
In socialist economy, the centrally based planning authority can plans the future government expenditure on various factors of the economy like infrastructure, health, education etc in such a way that it provides adequate employment to all the people unemployed which brings stability in the distribution of income in the economy.