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Intergroup Development Is an OD Method That Focuses on ________

question 82

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Intergroup development is an OD method that focuses on ________.


Definitions:

Price Mechanism

The system by which the prices of goods and services are determined in a free market, through the forces of supply and demand.

Government "Five-Year Plan"

A centralized and often government-enforced economic development strategy, typically aimed at rapid industrialization or development within a five-year timeframe.

"The Invisible Hand"

A term coined by Adam Smith to describe the self-regulating nature of the marketplace.

Government Planning

It involves strategies and policies implemented by a government to achieve specific economic, social, or environmental goals.

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