Managed Economy

Of non-market economy.

A non-market economy in which government intervention is important in allocating goods and resources and determining prices.

This concept's ID is @1~44901

Contains

  • socialism 4 facts

    An economic system based on state ownership of capital.

  • mercantilism 0 facts

    An economic system (Europe in 18th century) to increase a nation's wealth by government...

  • communist economy 0 facts

    The managed economy of a communist state.