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