См. также: commercially sensitive information, competitive tender, commune, Communist country
DEFINITION of 'Command Economy'. A system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods will be offered for sale. The command economy is a key feature of any communist society. China, Cuba, North Korea and the former Soviet Union are examples of countries that have command economies. (Investopedia)
The Velvet Revolution (Czech: sametová revoluce) or Gentle Revolution (Slovak: nežná revolúcia) was a non-violent transition of power in what was then Czechoslovakia, occurring from 17 November to 29 December 1989. Popular demonstrations against the one-party government of the Communist Party of Czechoslovakia included students and older dissidents. The result was the end of 41 years of one-party rule in Czechoslovakia, and the subsequent dismantling of the command economy and conversion to a parliamentary republic. (Wikipedia)
