16. Plans prepared by a planning committee or com- mission that project 20 years or more into the future are called A. general development plans. B. master plans. wishful thinking. zoning ordinances.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
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Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
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Chapter17: Long-term Investment Analysis
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Unit 14
The Control and Development of Land
267
16. Plans prepared by a planning committee or com-
mission that project 20 years or more into the
future are called
A. general development plans.
B. master plans.
wishful thinking.
zoning ordinances.
17. A couple just purchased a home in a community
so their children can walk to school and take
swimming lessons in the community pool. In ad-
dition to the costs of maintaining their own home,
they must also contribute to a general fund to
maintain some of the public areas in their subdivi-
sion. In what type of community are they living?
A. Mixed uses
B. Small town
C. Nonconforming uses
D. Planned unit development (PUD)
18. A transit-oriented development (TOD) is MOST
similar to
A. a planned unit development (PUD).
B. traditional suburbs.
Transcribed Image Text:Unit 14 The Control and Development of Land 267 16. Plans prepared by a planning committee or com- mission that project 20 years or more into the future are called A. general development plans. B. master plans. wishful thinking. zoning ordinances. 17. A couple just purchased a home in a community so their children can walk to school and take swimming lessons in the community pool. In ad- dition to the costs of maintaining their own home, they must also contribute to a general fund to maintain some of the public areas in their subdivi- sion. In what type of community are they living? A. Mixed uses B. Small town C. Nonconforming uses D. Planned unit development (PUD) 18. A transit-oriented development (TOD) is MOST similar to A. a planned unit development (PUD). B. traditional suburbs.
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A development plan sets out a local authority's policies and proposals for land use in their area.

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