mixed economy
Definition
Economic system in which both the private enterprise and a degree of state monopoly (usually in public services, defense, infrastructure, and basic industries) coexist. All modern economies are mixed where means of production are shared between the private and public sectors. Also called dual economy.
Popular 'Economics, Politics, & Society' Terms
mixed economy in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/mixed-economy.html
