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planned economy. In DICTIOUS you will not only get to know all the dictionary meanings for the word
planned economy, but we will also tell you about its etymology, its characteristics and you will know how to say
planned economy in singular and plural. Everything you need to know about the word
planned economy you have here. The definition of the word
planned economy will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
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English
Noun
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
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