EduPadi logo
Home App Pricing
Classroom
Blog
👤My Account

Pass IELTS, JAMB, WAEC, & more with EduPadi CBT App

Practice questions, get instant scores, understand solutions with smart AI insights, and track your progress.

Explore EduPadi App…

Types of Economic Planning - SS3 Economics Past Questions and Answers - page 1

1
Which type of economic planning is associated with communist and socialist countries?
View related lesson
A

Centralized planning

 

B
Decentralized planning
2
In which type of economic planning is the economy managed through the actions of individual producers and consumers?
View related lesson
A

Centralized planning

 

B
Decentralized planning
3
Which type of economic planning involves the government controlling and managing the entire economy?
View related lesson
A

Centralized planning

 

B
Decentralized planning
4
In practice, most countries use a mix of which two types of economic planning?
View related lesson
A
Centralized and democratic planning
B

Centralized and decentralized planning

 

C
Democratic and decentralized planning
5
Which type of economic planning involves the government providing basic regulations and infrastructure to facilitate economic activities?
View related lesson
A

Centralized planning

 

B
Decentralized planning
6

What are the two main types of economic planning?

View related lesson
7

Which type of economic planning is often associated with communist and socialist countries? 

View related lesson