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Definition of

command economy

Economics

economic system controlled by government an economy in which all economic activity is regulated by the government, as formerly in China or the Soviet Union

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Definitions of ’command economy’ and meaning of ’command economy’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’command economy’ and other financial terms with our online QFINANCE Financial Dictionary.

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