Key Terms by Chapter
Chapter 6: Theory of Planned Socialism
socialism
communism
dictatorship of the proletariat
socialist controversy
relative valuations
central planning board
planned socialist economy
vertical transaction
horizontal transaction
balances of the national economy
material balances
law of value
national economic plan
indicative planning
directive planning
interindustry demand
final demand
consistent plan
balance
optimality
nonprice information
input-output model
sectors
primary inputs
intermediate inputs
technical coefficients
relative prices
objective function
plan formulation
plan execution
|