managed economy
Noun
-
A non-market economy in which government intervention is important in allocating goods and resources and determining prices (synset 108384027)
is a type of: non-market economy - an economy that is not a market economysubtypes:
- 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
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