planned economy

planned economy
an economic system in which the government controls and regulates production, distribution, prices, etc. Cf. free enterprise.
[1930-35]

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Universalium. 2010.

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  • planned 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… …   Financial and business terms

  • Planned 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 …   Wikipedia

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  • planned 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 …   Wiktionary

  • planned 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) …   English contemporary dictionary

  • planned economy —   see command economy …   Geography glossary

  • planned economy — See command economy …   Dictionary of sociology

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  • planned economy — /plænd əˈkɒnəmi/ (say pland uh konuhmee) noun an economic structure in which some degree of control is exerted by the state with regard to what to produce, how to produce, and how to share the profits obtained. See market economy …  

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