Planned economy

This article is about an economic system controlled or directed by the state. For proposed economic systems that employs "participatory" or democratic planning,
Planned economy (or command economy) is an economic system in which the state directs the economy. It is an economic system in which the central government controls industry such that it makes major decisions regarding the production and distribution of goods and services. Its most extensive form is referred to as a command economy, centrally planned economy, or command and control economy.