What does managed economy mean?
Definitions for managed economy
man·aged econ·o·my
This dictionary definitions page includes all the possible meanings, example usage and translations of the word managed economy.
Princeton's WordNet
managed economynoun
a non-market economy in which government intervention is important in allocating goods and resources and determining prices
ChatGPT
managed economy
A managed economy is a type of economic system where the government or a centralized authority has substantial control and decision-making power regarding the production, distribution, and trade of goods and services. This can include aspects such as price control, resource allocation, and financial regulation. These interventions are intended to achieve specific social and economic goals, such as ensuring social fairness and preventing market failures. Various forms of managed economies include socialistic systems, mixed economies, and planned economies.
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Numerology
Chaldean Numerology
The numerical value of managed economy in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of managed economy in Pythagorean Numerology is: 9
Examples of managed economy in a Sentence
China's probably going to have a 5 or 6 percent growth rate. It's a managed economy. It's not your free enterprise economy, and they will get their growth one way or another, i just don't see a huge impact. It's too far away ... It's probably wise on their part to do that if they want to keep (their economic growth) at 5 or 6 percent.
China's probably going to have a 5 or 6 percent growth rate. It's a managed economy. It's not your free enterprise economy, and they will get their growth one way or another, i just don't see a huge impact.
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"managed economy." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/managed+economy>.
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