/ English Dictionary |
COMMUNIST ECONOMY
Pronunciation (US): | ![]() | (GB): | ![]() |
I. (noun)
Sense 1
Meaning:
The managed economy of a communist state
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("communist economy" is a kind of...):
managed economy (a non-market economy in which government intervention is important in allocating goods and resources and determining prices)
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