Meaning planned economy
What does planned economy mean? Here you find 7 meanings of the word planned economy. You can also add a definition of planned economy yourself

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planned economy


A country's economic system controlled by the government, which makes all the decisions about production, distribution and consumption of goods and services.
Source: businessballs.com

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planned economy


1. (economic definition) An economy in which a governmental authority decides what, when, and how much is to be produced and distributed. 2. (environments definition) An economy in which a central authority makes economic decisions, as contrasted with a market economy.
Source: ama.org

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planned economy


An economy in which the government fixes prices and production. A planned economy contrasts with a free market economy.
Source: glossary.reuters.com

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planned economy


An economy, or economic system, that relies heavily on central planning by government to allocate resources and answer the three basic questions of allocation. This is also commonly termed a command e [..]
Source: glossary.econguru.com

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planned economy


see command economy.
Source: itseducation.asia

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planned economy


Definition Type of economy that gives the government total control over the allocation of resources. A planned economy alleviates the use of private enterprises and allows the government to determine [..]
Source: investorwords.com

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planned economy

Source: dictionaryofeconomics.com

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