Definition of managed economy in English:

managed economy

Line breaks: man|aged econ|omy


An economy in which the framework and general policies are regulated by the government.
More example sentences
  • From the mid-1840s the idea of a managed economy was foreign.
  • Unions became empowered because of their considerable leverage over the likely success of the managed economy.
  • The rise of managed economies in the Eastern Bloc was also responsible for increased government interference in the macroeconomy.

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Word of the day bimble
Pronunciation: ˈbimbəl
walk or travel at a leisurely pace