what is directive and comprehensive planning? and what are the differences btwn them?
Directive planning | Comprehensive planning |
Directive planning is a planning in which forces of market, i.e demand and supply are only directed by the state. In such a planning, there is free play of market forces. | Comprehensive planning is a planning in which equal importance is given to both economic and social sectors. |
State does not participate directly in the process of growth. | Government participates in the process of growth and development. |
It is followed in capitalist economy. | It is followed in both socialist economy and capitalist economy. |