'''Economic planning''' is a term used to describe the long term plans of an incumbent government to co-ordinate and develop the economy. Economic planning is commonly a feature of [[big government]] as it usually involves increased spending on things such as public work schemes and government programs. | '''Economic planning''' is a term used to describe the long term plans of an incumbent government to co-ordinate and develop the economy. Economic planning is commonly a feature of [[big government]] as it usually involves increased spending on things such as public work schemes and government programs. |