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In Continental Europe, the term "social market economy" or "Rhine capitalism" is generally used to refer to the mixed-market economic models used by those countries.

In the United States, United Kingdom, Canada and Australia, the type of capitalism is sometimes called the "Anglo-Saxon model", which is a type of mixed economy skewed more toward free-markets than the Continental European model of capitalist mixed economy.

The modern economic model in the People's Republic of China is considered to be a mixed-market economy. Officially, the name for this system is a "socialist market economy", but economists usually label it "state capitalism" instead.

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10y ago
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13y ago

The following are other names for a Market Economy:

  • Capitalism (Liberal Market)
  • Laissez-faire
  • Market anarchism
  • Market socialism
  • Social market
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13y ago

A planned economy can be referred to as a:

  • command economy
  • centrally planned economy,
  • command and control economy
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12y ago

Free enterprise is your answer.

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Q: What are other names for a planned economy?
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Related questions

Which economy exist when resources are allocated by the government or other central authority?

planned economy exists


Is mixed economy more reliable than planned economy?

yes mixed economy is more reliable in a mixed economy we get both the public as well as private players.on the other hand planned economy doesn't allow such freedom.mixed economy private companies are under restrictions of the government and there working is on check.


Can you name a country that has a planned economy?

North Korea is the most centrally planned economy in the world. Most others allow for *some* degree of private trade. Some other less centrally planned economies are: - China - Russia - Cuba


What are some disadvantages of planned economy?

One disadvantage of the planned economy is that there is inefficient resource distribution.


What are other names for traditional economy?

command economy


How is the economy of totalitarian govern states?

It is a Planned Economy


Why does Spain have a mixed economy?

both the government and the public control the economy, were as Russia is a planned economy because everything is planned and the government has full control


What is a planned economy regulated by?

Planned Economies are regulated by a Governmental Ministry.


In this type of economy the question of how many goods will be produces and supplied is not made by businesses?

Planned (command, centrally planned, or controlled) economy


How is the government involved in a planned economy?

In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.


In what way did Russia benefit from being a planned economy?

By having a planned economy Russia is making good revenue in the world market. This policy helps the Russians also in having the better employment rates and the minimum wages can also be higher than in some other countries of the world. All the sectors in Russia are benefited with the planned economy.


What countries have planned economy?

korea