Enhance Your Learning with Economics - Economic Planning Flash Cards for quick learning
The process of setting goals, objectives, and strategies for the allocation of resources and the development of policies to achieve economic growth and social welfare.
The use of government spending and taxation to influence the economy, including measures like budget deficits or surpluses, tax cuts or increases, and government investments.
The control of the money supply and interest rates by a central bank to stabilize the economy, manage inflation, and promote economic growth.
The involvement of the government in the economy through regulations, subsidies, taxes, and other measures to correct market failures and promote economic stability.
The formulation and implementation of strategies and policies to promote economic development, reduce poverty, and improve living standards.
Government policies and strategies aimed at promoting the growth and development of specific industries, including measures like subsidies, tax incentives, and trade protection.
Government policies and regulations related to international trade, including tariffs, quotas, and trade agreements, to protect domestic industries and promote exports.
The planning and development of essential physical and organizational structures and facilities, such as roads, bridges, power plants, and communication networks, to support economic activities.
The process of distributing and allocating scarce resources among different economic activities and sectors to maximize efficiency and productivity.
The way in which income is divided among individuals or households in a country, including measures like progressive taxation and social welfare programs to reduce income inequality.
Businesses and organizations owned and operated by the government, providing goods and services to the public, often in sectors considered essential or strategic.
The transfer of ownership and control of public sector enterprises to private individuals or companies, often through the sale of shares or assets.
The impact of increased interconnectedness and integration of economies on economic planning, including challenges and opportunities related to trade, investment, and technology.
Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, considering economic, social, and environmental factors.
Theoretical frameworks and models used to analyze and guide economic planning, including input-output models, computable general equilibrium models, and growth models.
The assessment and analysis of the effectiveness and efficiency of economic planning policies and strategies, considering their impact on economic growth, social welfare, and sustainability.
The obstacles and difficulties faced in the process of economic planning, including issues related to data availability, policy implementation, political stability, and external shocks.
The unique challenges and strategies involved in economic planning in developing countries, including poverty reduction, infrastructure development, and attracting foreign investment.
The goals and strategies of economic planning in developed countries, focusing on issues like innovation, competitiveness, sustainability, and social welfare.
The study and comparison of different economic systems, including market economies, command economies, and mixed economies, and their implications for economic planning.
A government agency responsible for formulating and implementing economic plans and policies, often in consultation with other government departments, experts, and stakeholders.
Long-term economic plans implemented by some countries, typically covering a period of five years, outlining goals, targets, and strategies for economic development and social welfare.
A high-level advisory body or institution in some countries, responsible for coordinating and monitoring the implementation of economic plans and policies.
The integration of social justice principles and objectives into economic planning, aiming to reduce poverty, inequality, and discrimination, and promote equal opportunities and social welfare.
The consideration of environmental factors and sustainability goals in economic planning, aiming to minimize negative impacts on the environment and promote sustainable development.
The role of technological innovation and research and development in economic planning, aiming to enhance productivity, competitiveness, and economic growth.
Strategies and policies aimed at reducing poverty and improving the living conditions of the poor and vulnerable groups through targeted interventions and social welfare programs.
The role of education and human capital development in economic planning, aiming to improve skills, knowledge, and productivity, and promote lifelong learning and innovation.
The integration of healthcare policies and strategies into economic planning, aiming to improve access to quality healthcare services, promote public health, and reduce healthcare costs.
Policies and strategies related to agricultural development and food security, aiming to increase agricultural productivity, improve rural livelihoods, and ensure food self-sufficiency.
The planning and development of physical infrastructure, such as transportation networks, energy systems, and communication facilities, to support economic activities and improve quality of life.
Policies and strategies related to energy production, distribution, and consumption, aiming to ensure energy security, promote renewable energy sources, and reduce environmental impacts.
Policies and strategies related to transportation systems and networks, aiming to improve connectivity, mobility, and efficiency, and support economic activities and urban development.
Policies and strategies related to urban planning, infrastructure development, and housing, aiming to create sustainable and livable cities, promote economic growth, and improve quality of life.
Policies and strategies aimed at promoting the development of rural areas, including agriculture, infrastructure, education, healthcare, and social welfare, to reduce rural-urban disparities.
Policies and strategies related to international trade and economic integration, aiming to promote exports, attract foreign investment, and enhance competitiveness in the global market.
Policies and strategies aimed at attracting and promoting foreign direct investment (FDI), including incentives, regulations, and infrastructure development, to stimulate economic growth and development.
The role of economic planning in promoting and sustaining economic growth, aiming to increase productivity, create employment opportunities, and improve living standards.
Strategies and policies aimed at managing and controlling inflation, including monetary measures, fiscal measures, and supply-side policies, to maintain price stability and economic stability.
Policies and strategies aimed at reducing unemployment and creating employment opportunities, including job creation programs, skills development, and labor market reforms.
The consideration of income distribution and inequality issues in economic planning, aiming to reduce income disparities, promote social justice, and ensure inclusive growth.
Strategies and policies aimed at reducing poverty and improving the living conditions of the poor and vulnerable groups through targeted interventions and social welfare programs.
The integration of sustainability principles and goals into economic planning, aiming to balance economic growth, social welfare, and environmental protection for present and future generations.
The impact of increased interconnectedness and integration of economies on economic planning, including challenges and opportunities related to trade, investment, and technology.
The role of economic planning in a market economy, including the regulation of markets, provision of public goods, and correction of market failures to promote efficiency and social welfare.
The role of economic planning in a command economy, including the central allocation of resources, coordination of production, and control of prices and distribution to achieve economic objectives.
The role of economic planning in a mixed economy, combining elements of both market and command economies, aiming to balance market forces and government intervention for economic stability and social welfare.