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  2. Administrative-command system - Wikipedia

    en.wikipedia.org/wiki/Administrative-command_system

    The administrative-command system (Russian: Административно-командная система, romanized: Administrativno-komandnaya sistema), also known as the command-administrative system, is the system of management of an economy of a state characterized by the rigid centralization of economic planning and distribution of ...

  3. Commanding heights of the economy - Wikipedia

    en.wikipedia.org/wiki/Commanding_heights_of_the...

    According to Yevgeni Preobrazhensky, a Bolshevik economist, control over the commanding heights of the economy would ensure primitive socialist accumulation. [1] The phrase can be traced back to Vladimir Lenin 's defense of the New Economic Policy (NEP), which saw market-oriented reforms while the state retained control of the commanding heights.

  4. Economy of East Germany - Wikipedia

    en.wikipedia.org/wiki/Economy_of_East_Germany

    The economy of the German Democratic Republic (East Germany; GDR, DDR) was a command economy following the model of the Soviet Union based on the principles of Marxism-Leninism. Sharing many characteristics with fellow COMECON member states — the East German economy stood in stark contrast to the market and mixed economies of Western Europe ...

  5. What Is a Command Economy? - AOL

    www.aol.com/finance/command-economy-195022205.html

    While these two are indeed opposites, some economies feature a mix of central command and free markets. National economies can be run from the top down, so to speak, in what is sometimes called a ...

  6. Soviet-type economic planning - Wikipedia

    en.wikipedia.org/wiki/Soviet-type_economic_planning

    The New Economic Policy (1921–1928) was a short period of economic pragmatism in the Soviet economics, introduced by Lenin in response to widely observed shortcomings of the War Communism system following the 1917 revolution. NEP, however, was criticized as reactionary and reversed by Stalin, who returned to total economic planning.

  7. Socialist economics - Wikipedia

    en.wikipedia.org/wiki/Socialist_economics

    Economic planning is not synonymous with the concept of a command economy, which existed in the Soviet Union, and was based on a highly bureaucratic administration of the entire economy in accordance to a comprehensive plan formulated by a central planning agency, which specified output requirements for productive units and tried to micromanage ...

  8. Market socialism - Wikipedia

    en.wikipedia.org/wiki/Market_socialism

    The Chinese experience with socialism with Chinese characteristics is frequently referred to as a socialist market economy where the commanding heights are state-owned, but a substantial portion of both the state and private sectors of economy are governed by market practices, including a stock exchange for trading equity and the utilization of ...

  9. Economic planning - Wikipedia

    en.wikipedia.org/wiki/Economic_planning

    Economic analysts have argued that the economy of the Soviet Union actually represented an administrative or command economy as opposed to a planned economy because planning did not play an operational role in the allocation of resources among productive units in the economy since in actuality the main allocation mechanism was a system of ...