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Centrally planned economysee command economy.
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Centrally planned economyAn economy in which the government, rather than free-market activity, controls the allocation of resources.
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Centrally planned economyAn economic system that includes public ownership of or control over all productive resources and whose activity is planned by the government.
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Centrally planned economySee Command economy.
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Centrally planned economyan economy in which most decisions about resource allocation are made by the central government
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Centrally planned economyAn economy in which the government, rather than free-market activity, controls the allocation of resources.
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