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planned economy
(redirected from Centrally planned economy)

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planned economy

Another term for command economy, meaning a system in which decisions about how resources are to be allocated are made by government departments or agencies.



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In the centrally planned economy of the communist regime, State-owned companies had manufactured tractors and many types of farm implements.
Snapshot of a fast-growing market--business is booming in Romania: Ag ... by Zavon, Juliet / Implement & Tractor
That's a typical business practice in the United States, but Chinese companies, some of which grew out of the centrally planned economy, are often unprepared to deal with it.
Growing Chinese trade results in wider litigation by Potkewitz, Hilary / Los Angeles Business Journal
When a centrally planned economy abolishes price controls, that's what happens.
How to establish a credible Iraqi Central Bank: the argument for ... by Cecchetti, Stephen G. / The International Economy
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