- noun an economy in which production, investment, prices, and incomes are determined centrally by the government.
English new terms dictionary. 2014.
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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
planned 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… … Useful english dictionary
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
planned economy — See command economy … Big dictionary of business and management
planned economy — An alternative term for *command economy … Auditor's dictionary
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 … Australian English dictionary