Is the Task of Effective Central Planning Difficult

question 213

Multiple Choice

Is the task of effective central planning difficult?

• A) It is not difficult because allocating resources is easier than ever with the microprocessing power of twenty-first-century computers.
• B) It is not difficult because economic models and theory have become increasingly better at handling real-world complexities.
• C) It is difficult because central planners have no way of knowing the value of a particular resource in all of its uses.
• D) It is difficult, but only if the central planners are dedicated public servants and not self-interested politicians.

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Definitions:

Edible Parts

Those portions of a plant or animal that can be consumed as food by humans.

Neolithic Transition

The period in which human societies transitioned from nomadic hunting and gathering to settled agricultural communities, dramatically changing human history and societies.

Years Ago

A phrase indicating a specific amount of time in the past relative to the current date.

Natufians

A prehistoric culture located in the Levant, around 12,000 to 9,500 BC, known for their early adoption of sedentism and plant cultivation.