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COMMUNIST ECONOMY

Pronunciation (US): Play  (GB): Play

 I. (noun) 

Sense 1

Meaning:

The managed economy of a communist stateplay

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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