planned economy

noun

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.

Meanings

nounplanned economy (plural planned economies)

plural planned economies

  1. economicsAn 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.

    Synonyms: command economy

Synonyms & antonyms

nounAn 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.

Translations

Chinese Mandarin 計劃經濟 /计划经济
  • 計劃經濟 /计划经济 (jìhuà jīngjì)Translations
Danish planøkonomi, kommandoøkonomi
  • planøkonomiTranslations
  • kommandoøkonomiTranslations
Dutch planeconomie
  • planeconomieTranslations
Estonian plaanimajandus
  • plaanimajandusTranslations
Finnish suunnitelmatalous
  • suunnitelmatalousTranslations
French économie planifiée
  • économie planifiéeTranslations
German Planwirtschaft
  • PlanwirtschaftTranslations
Hungarian tervgazdaság
  • tervgazdaságTranslations
Indonesian ekonomi terencana
  • ekonomi terencanaTranslations
Korean 계획경제
  • 계획경제 (gyehoekgyeongje)Translations
Malay ekonomi terancang
  • ekonomi terancangTranslations
Polish gospodarka planowa, gospodarka nakazowo-rozdzielcza
  • gospodarka planowaTranslations
  • gospodarka nakazowo-rozdzielczaTranslations
Russian пла́новая эконо́мика, пла́новое хозя́йство
  • пла́новая эконо́мика (plánovaja ekonómika)Translations
  • пла́новое хозя́йство (plánovoje xozjájstvo)Translations
Spanish economía planificada
  • economía planificadaTranslations
Swedish planekonomi
  • planekonomiTranslations
Turkish planlı ekonomi
  • planlı ekonomiTranslations
Cite this entry
APA

planned economy. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/planned%20economy

MLA

“planned economy.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/planned%20economy. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “planned economy,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/planned%20economy.

Source: planned economy on Wiktionary, CC BY-SA 4.0.