Planning national economy

Description

Planning the national economy involves systematically coordinating and directing a country’s resources, policies, and activities to achieve balanced growth, stability, and development. This strategy addresses issues such as resource misallocation, unemployment, and economic disparities by setting clear objectives, prioritizing sectors, and implementing targeted interventions. Effective national economic planning remedies inefficiencies, anticipates future needs, and ensures sustainable progress by aligning public and private efforts toward common socioeconomic goals.