managed economy

Definitions of managed economy
1

n a non-market economy in which government intervention is important in allocating goods and resources and determining prices

Types:
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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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