mixed economy

  

Definition

An 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 the means of production are shared between the private and public sectors. Also called dual economy.

Related Videos




http://www.businessdictionary.com/definition/mixed-economy.html

Browse by Letter: # 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