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planned economy
(redirected from Controlled market)

   Also found in: Wikipedia 0.06 sec.

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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Rather than simply relying on the instructor-centered lecture that has historically been the preferred method of instruction to describe the market mechanism, the use of experiments in the principles classroom provides students with an experiential learning opportunity: the chance to participate in a controlled market environment and to observe market forces that are normally only talked about and described as movements on a graph.
The next opportunity to end rent regulation may be five years away, but New York's business community hasn't lost sight of the damaging impact of a controlled market.
AT&T started a controlled market entry of U-verse services in San Antonio neighborhoods in December and is on track to expand AT&T U-verse offerings in mid-2006.
 
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