In Practice
Indicative planning is coordinated information that guides the choices of separate state and private entities in a market economy or mixed economy.
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Famous quotes containing the word practice:
“It is accordance with our determination to refrain from aggression and build up a sentiment and practice among nations more favorable to peace ... that we have incurred the consent of fourteen important nations to the negotiation of a treaty condemning recourse to war, renouncing it as an instrument of national policy.”
—Calvin Coolidge (1872–1933)
“They never consulted with books, and know and can tell much less than they have done. The things which they practice are said not yet to be known.”
—Henry David Thoreau (1817–1862)