socialist economy vs managed economy
managed economy vs socialist economysocialist economy and managed economy both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| socialist economy | Yes | No | No | No |
| managed economy | Yes | No | No | No |
As nouns,
managed economy is a hypernym of
socialist economy; that is, managed economy is a
word with a broader meaning than socialist economy:
- socialist economy: an economic system based on state ownership of capital
- managed economy: a non-market economy in which government intervention is important in allocating goods and resources and determining prices
| socialist economy (noun) | managed economy (noun) |
|---|---|
| an economic system based on state ownership of capital | a non-market economy in which government intervention is important in allocating goods and resources and determining prices |
Words related to "socialist economy"
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