centralized planning
State-directed resource allocation
Centralized planning is an economic system where a government authority makes decisions about production, distribution, and pricing rather than leaving them to market forces.
Associated with communist and socialist states: The Soviet Union relied on centralized planning through five-year plans.
The term often carries critical connotations, implying bureaucratic inefficiency or suppression of individual choice.
Government administrative divisions
- directoratesAdministrative governing bodies
- departmentsSubdivisions of an organization
- civil serviceGovernment's administrative workforce
- administrationOrganizational oversight and control
hierarchy · governance · regulations · oversight · coordination · authority · compliance · procedures
State-controlled economic system
- state-controlledRun by government authority
- nationalizationGovernment acquisition of industry
- public ownershipState-held property or enterprise
- collectivismGroup primacy doctrine
socialism · communism · Marxism · Leninism · redistribution · collective farming · Maoism · dirigisme
Assigning available means strategically
- optimizationMaximizing efficiency or performance
- coordinationOrganized cooperative movement
- schedulingAssigning times to events
- logisticsCoordination of complex activities
standardization · systematization · economies of scale · streamlining · benchmarking · throughput · productivity · workflow
ministries
Government administrative divisions
- directoratesAdministrative governing bodies
- departmentsSubdivisions of an organization
- civil serviceGovernment's administrative workforce
administration · hierarchy · governance · regulations · oversight · coordination · authority · compliance · procedures · institutional
command economy
State-controlled economic system
- state-controlledRun by government authority
- nationalizationGovernment acquisition of industry
- public ownershipState-held property or enterprise
collectivism · socialism · communism · Marxism · Leninism · redistribution · collective farming · Maoism · dirigisme · statism
resource allocation
Assigning available means strategically
- optimizationMaximizing efficiency or performance
- coordinationOrganized cooperative movement
- schedulingAssigning times to events
logistics · standardization · systematization · economies of scale · streamlining · benchmarking · throughput · productivity · workflow · control
- planned economiescommand economy, five-year plan, production quotas, dirigisme, statism
- Soviet medicinepolyclinics, socialist healthcare, free healthcare, health ministry, rural clinics
- state enterprisesstate enterprises, Amtrak, BBC, public enterprises, USPS
- ComeconUSSR, Soviet Union, member states, socialist bloc, Poland
- Soviet RepressionStalin, NKVD, gulag, gulags, Great Purge
centralized planningfree market
Commerce without state intervention
market economy · laissez-faire · market forces · supply and demand · spontaneous order
centralized planningdecentralization
Distributing power from center
self-organization · federalism · subsidiarity · devolution · flat hierarchy
centralized planningcapitalism
Private profit-based economy
neoliberalism · libertarianism · Austrian economics · privatization · deregulation
center, planned, central, planning, planner, centre, unplanned, centrist, centralize