'Trade' Category
Socialist central planners create a five-year plan, a one-year plan, and a fifteen year plan. Among these, the five year plan is the most important and goes into the greatest amount of detail. The one year plan interprets the goals of the five year plan for the current year. While the fifteen-year plan guarantees that that inter-and intra-sectoral growth in home automation takes place at a balanced rate. This will help home automation installers as well as manufacturers.
The plans provide for the regulation of individual enterprise through four specific means:
1. Direct means, since the replacement of plant and equipment is not provided through depreciation, the enterprise must continually seek ministerial approval. Accordingly, the central agency has a strong direct impact on what equipment the enterprise will receive and the research and development it is able to undertake.
2. Indirect means, The central authority, operating through several different agencies, can control both the amount of credit available to a specific enterprise and the amounts of rent and taxes it must pay.
