A key difference between decentralized planning and market-based solutions is that decentralized planning:

Challenger App

★

1M+ Downloads

ARelies solely on individual self-interest and price signals.

BIs driven by a central authority's complete control over production.

CMinimizes the role of local participation in decision-making.

DInvolves government and community intervention in resource allocation.

Answer:

Unlike a pure market-based system, decentralized planning involves conscious, collective decisions by government and community bodies to direct development.

Related Questions:

Evaluate the statements about Sadaharyam Munnotu, Seethalayam, and related schemes.

Sadaharyam Munnotu, launched in 2018, is a comprehensive gender awareness program conducted in workplaces and for the general public.
Seethalayam, launched under the Homeopathy Department, focuses on empowering women's mental, physical, and social health.
Karuthu is a scheme by the Education Department to provide martial arts training to girls.
Samam is a campaign led by the Health Department for the cultural advancement of women's equality.

Consider the multifaceted impact of women's empowerment. Which of the following statements are correct?

Women's empowerment is intrinsically linked to economic growth through increased participation in the workforce and entrepreneurship.
Social progress is advanced when women's empowerment challenges existing inequalities and promotes gender equality.
Education and skill development for women are fundamental to their ability to contribute to community development.
The health and well-being of women are directly correlated with improved public health outcomes in communities.
Women's empowerment has a negligible effect on leadership and governance structures.