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A planned economy in which the government (or some other central authority) is solely responsible for resource allocation, distribution and the setting of prices, with little to no market influence.
Definition source: English Wiktionary via Wiktextract
Topics: economics, government, politics, sciences
Examples
- Some scholars continue to blame the USSR's command economy for its 1991 collapse.
Meaning relationships
Synonyms: centrally planned economy, directive planned economy
Antonyms: none provided
A planned economy.
Definition source: English Wiktionary via Wiktextract
Usage: broadly
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
Calque of German Befehlswirtschaft (“command economy”).
Across languages
Translations
6 source translations are retained for this English entry.
-
Danish:
kommandoøkonomi
— economy directly controlled by the government
-
Georgian:
ბრძანებითი ეკონომიკა
(brʒanebiti eḳonomiḳa)
— economy directly controlled by the government
-
Georgian:
გეგმიური ეკონომიკა
(gegmiuri eḳonomiḳa)
— economy directly controlled by the government
-
German:
Befehlswirtschaft
— economy directly controlled by the government
-
Spanish:
economía comandada
— economy directly controlled by the government
-
Swedish:
planekonomi
— economy directly controlled by the government
