central planning
Related Words
command economyplanned economyfree marketlaissez fairemarket economygovernmentstateeconomyallocationresourcequotaproductiondistributionsocialismcommunismcollectivismbureaucracydirectiveregulationcontrolauthoritypolicystrategybudgetindustryagriculturelaborpricesubsidyrationingshortagesurplusefficiencyincentiveinfrastructurenationalizationpublic sectorfive year plancoordinatoradministratorhierarchycentralizationstandardizationoutputinputcommoditytradetariffmonopolyownershipequitywelfareredistributionmacroeconomicsmicroeconomicsfiscal policymonetary policygovernancelegislationmandateblueprintforecastoptimizationequilibriumscarcityutilitycapitalinvestmentconsumptiondemandsupply