Multiple choice

The model of 'imperative planning' is followed in

  1. capitalistic economies

  2. mixed economies

  3. communist economies

  4. socialistic economies
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Imperative planning is followed in socialistic economies, where the state mandates production targets, resource allocation, and prices. In this model, planning is directive and binding rather than indicative. Capitalist economies use market mechanisms, mixed economies combine market and planning, while communist economies (a subset of socialist economies) also use imperative planning. The question specifically asks about imperative planning's domain.

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