In Practice
Indicative planning is coordinated information that guides the choices of separate state and private entities in a market economy or mixed economy.
Read more about this topic: Indicative Planning
Famous quotes containing the word practice:
“Predatory capitalism created a complex industrial system and an advanced technology; it permitted a considerable extension of democratic practice and fostered certain liberal values, but within limits that are now being pressed and must be overcome. It is not a fit system for the mid- twentieth century.”
—Noam Chomsky (b. 1928)
“Like the British Constitution, she owes her success in practice to her inconsistencies in principle.”
—Thomas Hardy (1840–1928)