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What (who) is planned economy - definition
Planned economy
TYPE OF ECONOMIC SYSTEM
Communist economy; Centrally planned economy; Central planning; Command economy; Planned Economy; State controlled economy; Centralised governmental planning; Planned economics; Planned economies; Centralized planning; Controlled economy; Command Economy; Central economy; Planification; Economic planification; Plan economy; Centrally-planned economy; Centrally planned economies; Command Enconomy; Command economies; Planisme; State planning; Planism; Command and control economy; Command market; Planned Market; Central economic planning; State-run economy; Decentralized planning (economics); Decentralized planning; Decentrally planned economy; Decentrally-planned economy; Decentralized planned economy; Decentralised planning; Regulated economy; Regulatory economy; Economic planning body; Socially planned economy; State-regulated economy; Decentral planning; Centralized administrative planning; Decentralised planned; Decentralized planned; Decentralised planned economy; Computational economic planning; Decentralized economic planning; Centralized state planning; Planned socialist system; Planned socialist economy; Socialist planned economy; Government planned economy; State planned economy
A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning.
planned economy
TYPE OF ECONOMIC SYSTEM
Communist economy; Centrally planned economy; Central planning; Command economy; Planned Economy; State controlled economy; Centralised governmental planning; Planned economics; Planned economies; Centralized planning; Controlled economy; Command Economy; Central economy; Planification; Economic planification; Plan economy; Centrally-planned economy; Centrally planned economies; Command Enconomy; Command economies; Planisme; State planning; Planism; Command and control economy; Command market; Planned Market; Central economic planning; State-run economy; Decentralized planning (economics); Decentralized planning; Decentrally planned economy; Decentrally-planned economy; Decentralized planned economy; Decentralised planning; Regulated economy; Regulatory economy; Economic planning body; Socially planned economy; State-regulated economy; Decentral planning; Centralized administrative planning; Decentralised planned; Decentralized planned; Decentralised planned economy; Computational economic planning; Decentralized economic planning; Centralized state planning; Planned socialist system; Planned socialist economy; Socialist planned economy; Government planned economy; State planned economy
¦ noun an economy in which production, investment, prices, and incomes are determined centrally by the government.
command economy
TYPE OF ECONOMIC SYSTEM
Communist economy; Centrally planned economy; Central planning; Command economy; Planned Economy; State controlled economy; Centralised governmental planning; Planned economics; Planned economies; Centralized planning; Controlled economy; Command Economy; Central economy; Planification; Economic planification; Plan economy; Centrally-planned economy; Centrally planned economies; Command Enconomy; Command economies; Planisme; State planning; Planism; Command and control economy; Command market; Planned Market; Central economic planning; State-run economy; Decentralized planning (economics); Decentralized planning; Decentrally planned economy; Decentrally-planned economy; Decentralized planned economy; Decentralised planning; Regulated economy; Regulatory economy; Economic planning body; Socially planned economy; State-regulated economy; Decentral planning; Centralized administrative planning; Decentralised planned; Decentralized planned; Decentralised planned economy; Computational economic planning; Decentralized economic planning; Centralized state planning; Planned socialist system; Planned socialist economy; Socialist planned economy; Government planned economy; State planned economy
¦ noun another term for planned economy.
Examples of use of planned economy
1. In the past, Vietnam followed the centrally planned economy.
2. It would operate more like a market than a centrally planned economy.
3. "In the past, under a planned economy you could order farmers what to do.
4. "China has a planned economy but a market–driven intelligence program," he said.
5. Medical expenses have skyrocketed as China has shed its planned economy and leaned on hospitals to be profitable.