The story
- German · calque ofBefehlswirtschaft“command economy”
- English todaycommand economy
Calque of German Befehlswirtschaft (“command economy”).
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: 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. Full definition →
Calque of German Befehlswirtschaft (“command economy”).
Etymology from Wiktionary, CC BY-SA 4.0.