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managed economy

Definitions of managed economy
  1. noun
    a non-market economy in which government intervention is important in allocating goods and resources and determining prices
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    types:
    socialism, socialist economy
    an economic system based on state ownership of capital
    mercantile system, mercantilism
    an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
    communist economy
    the managed economy of a communist state
    communism
    a form of socialism that abolishes private ownership
    International
    any of several international socialist organizations
    Naziism, Nazism, national socialism
    a form of socialism featuring racism and expansionism and obedience to a strong leader
    type of:
    non-market economy
    an economy that is not a market economy
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