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communist economy

/ˈkɒmjʊnɪst ɪˈkɒnəmi/

Tradução: Sistema econômico baseado na propriedade coletiva dos meios de produção, no planejamento centralizado e na ausência de propriedade privada, geralmente associado à ideologia marxista-leninista.

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phrase

/ˈkɒmjʊnɪst ɪˈkɒnəmi/C1formalpolitical
  • ptSistema econômico baseado na propriedade coletiva dos meios de produção, no planejamento centralizado e na ausência de propriedade privada, geralmente associado à ideologia marxista-leninista.

An economic system based on collective ownership of the means of production, central planning, and the absence of private property, typically associated with Marxist-Leninist ideology.

  1. Centrally planned economic systemB2formal

    An economic system where the state owns and controls the means of production and distribution, and economic decisions are made by central planners rather than market forces.

    ptEconomia planificada centralmente

    • In a communist economy, the government sets prices and production targets.
    • The Soviet Union was a prime example of a communist economy.
    • Transitioning from a communist economy to a market economy can be challenging.