planned economy
pl: planned economies
Related Words
command economymarket economyfree marketlaissez fairesocialismcommunismcollectivismstategovernmentcentralizationquotaallocationdistributionproductionresourcerationingsubsidynationalizationfive year planbureaucracydirectiveregulationcontrolprice controlshortagesurplusindustrializationagriculturecollectivizationlaboremploymentwelfareinfrastructureoutputtargetefficiencyinefficiencyincentivetradecommerceindustrymanufacturingcommoditysupplydemandequilibriummacroeconomicsmicroeconomicsfiscal policymonetary policybudgetexpenditurerevenuetaxationpublic sectorprivate sectorcapitalismideologypoliticsgovernanceauthorityhierarchystandardizationautarkyprotectionismtrade barriertariffredistributionwealthpovertystandard of livingGDPeconomic growthstagnationrecessioninflationdeflationmarket failuretotalitarianismauthoritarianism