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entity go
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
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abstraction, abstract entity go
a general concept formed by extracting common features from specific examples
a general concept formed by extracting common features from specific examples
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managed economy
a non-market economy in which government intervention is important in allocating goods and resources and determining prices
a non-market economy in which government intervention is important in allocating goods and resources and determining prices
noun.group
3 Subcategories
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socialism, socialist economy go
an economic system based on state ownership of capital
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mercantilism, mercantile system go
an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
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communist economy go
the managed economy of a communist state