planned economy
Jump to navigation
Jump to search
English[edit]
Noun[edit]
planned economy (plural planned economies)
- (economics, politics) An economic system in which government directly manages supply and demand for goods and services by controlling production, prices, and distribution in accordance with a long-term design and schedule of objectives.
- Synonym: command economy
- Coordinate terms: market economy, mixed economy
Translations[edit]
Translations
|
References[edit]
- “planned economy”, in OneLook Dictionary Search.