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command economy
noun
: an economic system in which activity is controlled by a central authority and the means of production are publicly owned
Example Sentences
Recent Examples on the Web There, the command economy of a sprawling Communist state heaved itself into military competitiveness with the United States. 
New York Times, 19 Aug. 2022 The new regulations suggest that Chinese leadership in some ways wishes to turn back the clock to a simpler and purer Socialist era, perhaps a more self-reliant one that is more driven by command economy concerns and is less capitalistic. Patrick Frater, Variety, 3 Sep. 2021 In economic terms, modern agricultural methods represent a Soviet-style command economy versus the free market economy of natural ecosystems. Erik Kobayashi-solomon, Forbes, 9 Apr. 2021 The advantages of free markets and the faults of a command economy are clear in hindsight. Erik Kobayashi-solomon, Forbes, 9 Apr. 2021 The command economy does not work long-term and will not work for agriculture (or us) long-term either. Erik Kobayashi-solomon, Forbes, 9 Apr. 2021 Five-year plans are a legacy of China's command economy during the Mao era. Nectar Gan, CNN, 25 Dec. 2020 But a better system for stocking the shelves, even in theory, would entail something much more like a command economy of the old Soviet stripe. Dan Mclaughlin, National Review, 16 Apr. 2020 Without the centralized command economy, many social and health services could no longer run. The New Yorker, 6 Apr. 2020 See More
New York Times, 19 Aug. 2022 The new regulations suggest that Chinese leadership in some ways wishes to turn back the clock to a simpler and purer Socialist era, perhaps a more self-reliant one that is more driven by command economy concerns and is less capitalistic. Patrick Frater, Variety, 3 Sep. 2021 In economic terms, modern agricultural methods represent a Soviet-style command economy versus the free market economy of natural ecosystems. Erik Kobayashi-solomon, Forbes, 9 Apr. 2021 The advantages of free markets and the faults of a command economy are clear in hindsight. Erik Kobayashi-solomon, Forbes, 9 Apr. 2021 The command economy does not work long-term and will not work for agriculture (or us) long-term either. Erik Kobayashi-solomon, Forbes, 9 Apr. 2021 Five-year plans are a legacy of China's command economy during the Mao era. Nectar Gan, CNN, 25 Dec. 2020 But a better system for stocking the shelves, even in theory, would entail something much more like a command economy of the old Soviet stripe. Dan Mclaughlin, National Review, 16 Apr. 2020 Without the centralized command economy, many social and health services could no longer run. The New Yorker, 6 Apr. 2020 See More Word History
First Known Use
1942, in the meaning defined above
Time Traveler
The first known use of command economy was in 1942 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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