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Related to managed economy: State controlled economy
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|Noun||1.||managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices|
non-market economy - an economy that is not a market economy
mercantile system, mercantilism - an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
communist economy - the managed economy of a communist state