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state economy

[/steɪt ɪˈkɒnəmi/]
nounpl: state economies
economia estatal
1. An economic system controlled or managed by the state or government rather than by private enterprise
The state economy was heavily regulated during the Cold War.
A economia estatal foi fortemente regulada durante a Guerra Fria.
2. The overall economic condition and performance of a particular state or region
The state economy showed significant growth last quarter.
A economia estatal mostrou crescimento significativo no último trimestre.
Synonyms
state-controlled economyplanned economycommand economygovernment-managed economy
Antonyms
free market economyprivate economycapitalist economylaissez-faire economy

Regional Variations

General Brazilian
economia estatal
Standard term used in economic discussions
Portugal
economia estatal
Standard term; may also use 'economia dirigida'
General
economia de mercado controlada pelo estado
More descriptive alternative phrase

Related Idioms & Phrases

state-run enterprise
government intervention in the economy
centrally planned economy
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