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planned economy
(redirected from Controlled 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 controlled economy," he explains, 'I would have needed a quota license for getting raw materials, and it was customary to bribe government officials to get the maximum quota.
Rajendra Gandhi: rubber soul: Mumbai businessman Rajendra Gandhi has ... by Smith, Michael / For A Change
Perhaps the only beneficiaries from a controlled economy will be domestic manufacturers, who expect controls to tamp down smugglers since they cannot request government dollars for their illegal transactions.
Pedaling towards disaster: Import-dependent Venezuelan businesses try ... by Ceaser, Mike / Latin Trade
It is emerging from a centrally controlled economy to an almost free market enterprise.
Correction, please! by Hoar, William P. / The New American
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