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The Collaborative International Dictionary
managed economy

managed economy \managed economy\ n. A non-market economy in which government intervention is important in allocating goods and resources and determining prices.

WordNet
managed economy

n. a non-market economy in which government intervention is important in allocating goods and resources and determining prices

Usage examples of "managed economy".

If he ended up in this toy cowboy town because he yearned to be free of the endless restrictions needed in a machine-managed economy, what do you think brought you here, at last?