Try Our Apps


Gobble up these 8 terms for eating

planned economy

an economic system in which the government controls and regulates production, distribution, prices, etc.
Compare free enterprise.
Origin of planned economy
1930-35 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
British Dictionary definitions for planned-economy

planned economy

another name for command economy
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source
planned-economy in Culture

planned economy definition

A type of economy in which some central authority makes a wide range of decisions pertaining to production and wages.

Note: The former Soviet Union and other communist nations are examples of planned economies.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source

Word of the Day

Word Value for planned

Scrabble Words With Friends

Nearby words for planned-economy