mixed economy
–noun
| an economy in which there are elements of both public and private enterprise. |
[Origin: 1935–40
]
] | Dictionary.com Unabridged (v 1.1) Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006. |
Mixed economy
To learn more about Mixed economy visit Britannica.com
| © 2008 Encyclopædia Britannica, Inc. |
| mixed economy
n. An economic system that allows for the simultaneous operation of publicly and privately owned enterprises. |
| The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2006 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
| mixed economy | |
noun | |
| an economic system that combines private and state enterprises |
| WordNet® 3.0, © 2006 by Princeton University. |
mixed economy
An economy that combines elements of capitalism and socialism, mixing some individual ownership and regulation. Some capitalist countries, France, for example, employ what is often called state capitalism. In this form of a mixed economy, the state becomes a major shareholder in private enterprises. An alternative, employed in Great Britain (more in the past than now), is for the state to own some industries while leaving others in private hands.
[Chapter:] Business and Economics
| The American Heritage® New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
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