Share this entry

Share this page

managed economy

Line breaks: man|aged econ|omy

Definition of managed economy in English:

noun

An economy in which the framework and general policies are regulated by the government.
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.

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day cumbersome
Pronunciation: ˈkəmbərsəm
adjective
large or heavy and therefore difficult to carry…