command economy

[ kuh-mandi-kon-uh-mee ]

/ kəˈmænd ɪˌkɒn ə mi /

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noun

a socialist economic system in which production and distribution of goods and services are controlled by the government and industry is mostly publicly owned.

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Compare market economy.

Origin of command economy

First recorded in 1940–45

Words nearby command economy

Commager, command, commandant, command car, command-driven, command economy, commandeer, commander, commander in chief, commandery, command guidance

How to use command economy in a sentence

Certainly, she seems to command near-total devotion among her clients.
How Taryn Toomey’s ‘The Class’ Became New York’s Latest Fitness Craze|Lizzie Crocker|January 9, 2015|DAILY BEAST
Unlike the Soviet Union at a certain period in history, the Russian economy does not hold a candle to that of the United States.
Oliver Stone’s Latest Dictator Suckup|James Kirchick|January 5, 2015|DAILY BEAST
Nothing in it was meant to change the basic operations of the capitalist economy or to intervene aggressively in class relations.
Thank Congress, Not LBJ for Great Society|Julian Zelizer, Scott Porch|January 4, 2015|DAILY BEAST
The economy has begun to add jobs, but the quality of those jobs is an increasing concern.
Christie Blames Parents for Bad Economy|Monica Potts|January 3, 2015|DAILY BEAST

Sometimes a column has the economy and rhythm of a short story.
The Best Columns of 2014|John Avlon, Errol Louis|December 31, 2014|DAILY BEAST
One of the simplest of these childish tricks is the invention of an excuse for not instantly obeying a command, as "Come here!"
Children's Ways|James Sully
Like every other Spanish general in supreme command abroad, Polavieja had his enemies in Spain.
The Philippine Islands|John Foreman
Thanks to Berthier's admirable system, Bonaparte was kept in touch with every part of his command.
Napoleon's Marshals|R. P. Dunn-Pattison
They were never refused, for their recipients looked upon them much in the light of a royal command.
The Pit Town Coronet, Volume I (of 3)|Charles James Wills
The General in command of the station was a feeble old man, suffering from senile decay.
The Red Year|Louis Tracy

British Dictionary definitions for command economy

command economy

noun

an economy in which business activities and the allocation of resources are determined by government order rather than market forcesAlso called: planned economy

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012