The development planning can be followed by a nation to improve the economic conditions of a nation when it is experiencing a resistance in its growth.
A development plan can be referred as a plan where the guidelines to be followed while assessing the progress of an economy are mentioned. Such plans are adopted by developing nations.
A developing nation, which always intends to experience a fast and stable growth in its economic conditions to become a developed economy, adopts such plan.
A nation is advised to undergo adaptation of such development plan only when it intends to improve its economy to a higher margin.
Hence, a development planning can be done by a nation to improve its economic conditions is a correct statement.
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