command economy
noun
: an economic system in which activity is controlled by a central authority and the means of production are publicly owned
Examples of command economy in a Sentence
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The country’s command economy rallied clean energy companies, helping grow national and international champions in green energy.
—
Grace Shao, Fortune Asia, 10 Oct. 2024
As the security services played whack-a-mole with new activist movements, the economic stress of the 1980s overwhelmed the GDR’s command economy.
—Samuel Clowes Huneke, The New Republic, 22 Sep. 2023
Deng concluded that China needed more of a market economy than the strictly hierarchical, top-down command economy established by Mao Zedong.
—Win McCormack, The New Republic, 10 Aug. 2023
After the crisis, Deng sidelined the conservatives, led by Premier Li Peng, who wanted to maintain a command economy.
—Andrew J. Nathan, Foreign Affairs, 18 Apr. 2023
See All Example Sentences for command economy
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Grace Shao, Fortune Asia, 10 Oct. 2024
As the security services played whack-a-mole with new activist movements, the economic stress of the 1980s overwhelmed the GDR’s command economy.
—Samuel Clowes Huneke, The New Republic, 22 Sep. 2023
Deng concluded that China needed more of a market economy than the strictly hierarchical, top-down command economy established by Mao Zedong.
—Win McCormack, The New Republic, 10 Aug. 2023
After the crisis, Deng sidelined the conservatives, led by Premier Li Peng, who wanted to maintain a command economy.
—Andrew J. Nathan, Foreign Affairs, 18 Apr. 2023
See All Example Sentences for command economy
Cite this Entry
“Command economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/command%20economy. Accessed 25 May. 2025.
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