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 goods, based on the state ownership of the means of production and carried out by the governmental and communist party bureaucracies ("nomenklatura") in the absence of a market economy. The term is used to describe the economy of the Soviet Union and the economies of the Soviet Bloc which closely followed the Soviet model.

Source: Wikipedia — Administrative-command system (CC BY-SA 4.0)

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 goods, based on the state ownership of the means of production and carried out by the governmental and communist party bureaucracies ("nomenklatura") in the absence of a market economy. The term is used to describe the economy of the Soviet Union and the economies of the Soviet Bloc which closely followed the Soviet model.

Source: Wikipedia "Administrative-command system" · CC BY-SA 4.0

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