managed economy

1. 1.

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

   Broadernon-market economy

   Narrowersocialismmercantilismcommunist economy

Questions about managed economy

What does managed economy mean?

managed economy means "a non-market economy in which government intervention is important in allocating goods and resources and determining prices".

Is managed economy a common word?

managed economy is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.