Question

Structural Planning refers to:

A Centralized planning Correct Answer Incorrect Answer
B Laying down broad goals and strategies Correct Answer Incorrect Answer
C Changing existing institutions or creating new ones Correct Answer Incorrect Answer
D Fixing flexible targets Correct Answer Incorrect Answer

Solution

In structural planning, the present social and economic structure is changed and a new structure emerges. In the developing countries, there is a structure planning. Big economic and social changes are brought about to usher into a new system. For instance, shift from capitalist to socialist economy can be called a structural change. Structural planning can help in accelerating the pace of economic development. The Communist countries like Russia and China followed structural planning. Hence, C is the right answer.

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