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🇫🇷French Source WordCode: FR

économie planifiée

Pronunciation / Transliteration: ekonomi planifiée

🇬🇧 Direct English Meaning:
Planned economy/plænd ɪˈkɒn.ə.mi/
nounCEFR C1 (Advanced)Top #4500 frequency
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🇫🇷 Example Sentence in French:

"Dans une économie planifiée, l'État contrôle la production."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    An economic system in which the government or central authority makes all decisions regarding the production and distribution of goods and services.

    "In a planned economy, the government determines what goods are produced and how they are distributed."
  2. 2

    A system where economic activity is regulated by a central plan rather than market forces.

    "Countries with a planned economy often face challenges in efficiency and innovation."
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Linguistic Origin & Historical Etymology

Derived from the combination of 'planned' (from French planter/Latin planta via English verbal derivatives) and 'economy' (from Greek oikonomia, meaning household management). The specific compound term emerged in the early 20th century to describe macroeconomic systems centrally directed by governments, particularly associated with socialist and communist states.

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