A mixed economy combines the advantages and disadvantages of market, command, and traditional economies. It's the most flexible system. read more
8 Advantages and Disadvantages of the Mixed Economy April 2, 2016 As the name implies, a mixed economy is a form of system where all activities in production, as well as those performed by private and government entities, blends capitalism with various kinds of regulations. read more
A mixed economy is a system that combines characteristics of market, command and traditional economies. It benefits from the advantages of all three while suffering from few of the disadvantages. A mixed economy has three of the following characteristics of a market economy. First, it protects private property. read more