managed economy
1
7.0
- noun
- /ˈmænɪdʒd ɪˈkɒnəmi/
- Specialized
:
economía gestionada
- I had been working on a series called "Endangered Dragon," which looked at China's government-managed economy, and wanted to include a piece that would give deeper insight into how China's capitalism worked at the top.
Examples
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About a year ago, as I was reporting a series of articles about China's state-managed economy, I decided to see if there was any evidence behind the theory.
Blog text (15) -
So it's been a very soundly managed economy with low deficits and low debt.
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At least I, I put the private sector in a free market economy ahead of a managed economy with a lot of government interference.
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Turkey was not always a well-managed economy.
Academic text (2007) -
Singapore is not a government-managed economy.
Blog text (20) -
This study highlights the difficulties inherent in introducing a fair trade system into diverse farming communities, especially those situated within state-managed economies.
Academic text (2017) -
In a managed economy, the government sets prices for essential goods to ensure accessibility for all citizens.
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The country's managed economy allows for controlled distribution of resources, which helps stabilize prices during crises.
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During the transition to a managed economy, the government implemented regulations to govern large sectors like healthcare and education.
Synonyms
2
6.8
An economy where the government owns or controls many businesses in a market system
1
7.9
An economy where the government decides what is made and sets prices instead of markets
More government control of the economy
How Managed
Surface Forms
Morphology
The phrase is directly compositional: 'managed' (controlled/regulated) modifies 'economy' (the production and distribution system), so a learner who knows both words can infer an economy that is controlled rather than left to markets. The likely agent (government or authorities) follows naturally from the verb 'manage' in this context, and the adjective+noun pattern is cross-linguistically common, making the meaning accessible to B1 learners.
Etymology
Managed economy comes from the simple image of a manager directing a market. Think of managed as someone who controls and economy as the trade and money of a country, so the picture of the government 'managing' production, prices and which industries get support explains why it means an economy run more by the government than by free markets.