managed economy

• Sistema econômico em que o governo intervém ativamente e dirige a atividade econômica por meio de planejamento, regulação e controle, em vez de depender inteiramente das forças de mercado.

An economic system in which the government actively intervenes and directs economic activity through planning, regulation, and control, rather than leaving it entirely to market forces.

1. Government-controlled economic systemC1formal

   An economic system where the government actively intervenes and directs the production, distribution, and pricing of goods and services.

   Economia administrada

   • In a managed economy, the state sets production targets for key industries.
   • The country transitioned from a managed economy to a market-based system.
   • Critics argue that a managed economy can lead to inefficiencies and shortages.