Economic planning can impact resource distribution from "summary" of The Making of Economic Society by Robert L. Heilbroner,William Milberg
In a market economy, resource distribution is largely determined by the forces of supply and demand. However, in a centrally planned economy, the government plays a significant role in determining how resources are allocated. By setting production goals and dictating how resources should be used, the government can influence the distribution of resources within the economy. Economic planning can impact resource distribution in several ways. For example, the government can prioritize certain industries or sectors by providing subsidies or incentives for their development. This can lead to an unequal distribution of resources, with some industries receiving more support than others. Furthermore, economic planning can ...
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