1. An economic system in which the government or central authority makes all decisions about the production and distribution of goods and services, rather than allowing market forces to determine these decisions.
The Soviet Union operated under a planned economy for most of the 20th century.
A União Soviética operava sob uma economia planificada durante a maior parte do século XX.
2. A centrally controlled economic system where production quotas, prices, and resource allocation are determined by state planning rather than supply and demand.
Cuba has maintained a planned economy since the revolution.
Cuba mantém uma economia planificada desde a revolução.