A mixed economy combines the advantages and disadvantages of market, command, and traditional economies. It's the most flexible system. read more
Mixed economy: is an economy system that combine of capitalism and socialism. Industries are privately owned and others are publicly owned or nationalized. Market economy. Free market economy. Growing unemployment and social inequity. Reduced social benefits and welfare. Distorted investment priorities. read more
What is a 'Mixed Economic System' A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims. read more