managed economy vs socialism
socialism vs managed economymanaged economy and socialism both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| managed economy | Yes | No | No | No |
| socialism | Yes | No | No | No |
As nouns,
socialism is a hyponym of
managed economy; that is, socialism is a
word with a more specific, narrower meaning than
managed economy:
- managed economy: a non-market economy in which government intervention is important in allocating goods and resources and determining prices
- socialism: an economic system based on state ownership of capital
Other hyponyms of managed economy include
socialist economy, mercantile system, mercantilism, communist economy.
| managed economy (noun) | socialism (noun) |
|---|---|
| a non-market economy in which government intervention is important in allocating goods and resources and determining prices | a political theory advocating state ownership of industry |
| an economic system based on state ownership of capital |
Words related to "managed economy"
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