Changes

'''Central planning''', in [[economics]], is the idea that government bureaucrats are better than private individuals at choosing what to produce and how much to sell it for. The prosperous industrialized nations of the [[democratic]] West generally believe in the [[free market]] principle whereby no transaction is made unless both buyer and seller feel that they benefit.

'''Central planning''', in [[economics]], is the idea that government bureaucrats are better than private individuals at choosing what to produce and how much to sell it for. The prosperous industrialized nations of the [[democratic]] West generally believe in the [[free market]] principle whereby no transaction is made unless both buyer and seller feel that they benefit.