planned economy

English - Turkish

Definition of planned economy in English Turkish dictionary

planlı ekonomi

English - English

Definition of planned economy in English English dictionary

An economic system in which government directly manages supply and demand for goods and services by controlling production, prices, and distribution in accordance with a long-term design and schedule of objectives

concentrated economy in which a country controls the means of production and marketing and is involved in planning economic activity (as opposed to a free economy system)

Hyphenation

planned E·con·o·my

Turkish pronunciation

pländ ikänımi

Synonyms

command economy

Antonyms

market economy

Pronunciation

/ˈpland ēˈkänəmē/ /ˈplænd iːˈkɑːnəmiː/