Post Utme Ksu 2018 Economics Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Ksu Economics examination.

Post Utme Ksu 2018 Economics Objective / Multiple Choice
Question 26 POST_UTME_KSU • 2018 • ECONOMICS • objective

The concept of economic planning refers to the process of making decisions about the allocation of resources. Which of the following is a characteristic of economic planning?

Answer Options

A. Economic planning is a spon\taneous process.
B. Economic planning is a deliberate process.
C. Economic planning is a decentralized process.
Correct Answer D. Economic planning is a centralized process.
Correct Answer
D
Correct Option:
Economic planning is a centralized process.

About This Question

This is Post Utme Ksu 2018 Economics Question 26. It is one of the objective questions from the 2018 Post Utme Ksu Economics examination.

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