A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

What is the actual definition of mixed economy?

Best Answers

A mixed economy is a combination of market, command and traditional economies. The United States is a mixed economy because its Constitution protects the requirements of a market economy, including ownership of private property, limitations on government interference, and promoting innovation. read more

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

The political definition of a mixed economy refers to the degree of state interventionism in a market economy, portraying the state as encroaching onto the market under the assumption that the market is the "natural" mechanism for allocating resources. read more

Encyclopedia Research

Wikipedia:

Image Answers

Mixed economy
Source: slideshare.net

Further Research