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A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning.
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economy economic planning planned production economies socialist market decentralized system soviet socialism command participatory central investment allocation would capital government
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Planned economy | is a | type of economic system where investment | 0.90 | text |
| infant mortality | instance of | supporters of a planned economy have said that state-socialist nations have compared favorably with capitalist nations in health indicators | 0.80 | text |
| life expectancy | instance of | supporters of a planned economy have said that state-socialist nations have compared favorably with capitalist nations in health indicators | 0.80 | text |
| the aerospace industry | instance of | the state utilizes economic planning in strategic industries | 0.80 | text |
| economic democracy | instance of | Variations of decentralized planning | 0.80 | text |
| industrial democracy | instance of | Variations of decentralized planning | 0.80 | text |
| participatory economics have been promoted by various political groups | instance of | Variations of decentralized planning | 0.80 | text |
| most notably anarchists | instance of | Variations of decentralized planning | 0.80 | text |
| democratic socialists | instance of | Variations of decentralized planning | 0.80 | text |
| guild socialists | instance of | Variations of decentralized planning | 0.80 | text |
| libertarian Marxists | instance of | Variations of decentralized planning | 0.80 | text |
| libertarian socialists | instance of | Variations of decentralized planning | 0.80 | text |
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