Translation for "komentotalous" to english
Komentotalous
Translation examples
Suunnitelmatalous, ääritapauksissa tunnetaan myös nimellä komentotalous, on talousjärjestelmä, jossa tuotantoa, kulutusta ja investointeja ohjataan keskitetysti johdetun suunnitelman mukaan.
Decentralized planning is usually held in contrast to centralized planning, in particular the Soviet-type central command economy, where economic information is aggregated and used to formulate a plan for production, investment and resource allocation by a single central authority.
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