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Economic planning refers to the organized and deliberate effort by a government or an authority to allocate resources, set economic priorities, and guide the overall development of a country or region. It is a systematic approach aimed at achieving specific economic and social objectives, such as growth, employment generation, income distribution, and poverty alleviation. Economic planning can be classified into centralized, decentralized, indicative, and perspective planning, depending __________ ________ __________ ______ ________ ____ ____ ____ _______ _________ ___.
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