planned economy
1planned economy — ➔ economy1 * * * An economy where the government fixes prices and production. A planned economy contrasts with a free market economy. * * * planned economy UK US noun [C] ► ECONOMICS a system in which the economy of a country is controlled by… …
2Planned economy — This article is about an economic system controlled or directed by the state. For proposed economic systems that employs participatory or democratic planning, see Decentrally planned economy. Part of a series on Economic systems …
3planned economy — noun : an economic system in which the elements of an economy (as labor, capital, and natural resources) are subject to government control and regulation designed to achieve the objectives of a comprehensive plan of economic development compare… …
4planned economy — noun 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 …
5planned economy — concentrated economy in which a country controls the means of production and marketing and is involved in planning economic activity (as opposed to a free economy system) …
6planned economy — see command economy …
7planned economy — See command economy …
8planned economy — noun an economy in which production, investment, prices, and incomes are determined centrally by the government …
9planned economy — See command economy …
10planned economy — An alternative term for *command economy …