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What is mixed economics?

Updated: 8/22/2023
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12y ago

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Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies. Most mixed economies can be described as market economies with strong regulatory oversight, and many mixed economies feature a variety of government-run enterprises and governmental provision of public goods.

Economies ranging from the United States to Cuba have been termed mixed economies.

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10y ago
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14y ago

A mixed economy is an economic system that includes a variety of private and government control, or a mixture of capitalism and socialism.

There is not one single definition for a mixed economy,but relevant aspects include: a degree of private economic freedom (including privately owned industry) intermingled with centralized economic planning and government regulation (which may include regulation of the market for environmental concerns, social welfare or efficiency, or state ownership and management of some of the means of production for national or social objectives).

For some states, there is not a consensus on whether they are capitalist, socialist, or mixed economies. Economies ranging from the United States to Cuba have been termed mixed economies.

The mixed economy as an economic ideal is supported by social democrats as a compromise between socialism and free-market capitalism, among others.

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8y ago

Generally speaking, a mixed economy is one with a large degree of private enterprises combined with governmental programs and laws concerning that are part of a nation's economic system. One example of this is the economy of the United States. Free enterprise powers the US economy, however, the economy of the US is subject to various laws and regulations concerning its economy.

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12y ago

mixed economics involves different types of system/methods used in different countries. Now mixed economy is a privately and public own businesses in a certian country.

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13y ago

An economic system that includes a variety of public and government control, or a mixture of capitalism and socialism

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9y ago

A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.

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15y ago

nothing is meant. George Bush is an idiot.

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14y ago

A mixed economy has both private business and enterprises and state or government owned enterprises and businesses.

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