mixed economy

Show Summary Details

Quick Reference

An economy with a mixture of state and private enterprises. Some economic activities are carried on by individuals or firms taking independent economic decisions, coordinated by markets; others are carried on by organizations under state ownership and control, with some degree of centralized decision-taking. Most actual economies are mixed, in the sense of having substantial elements of both forms of economic organization.

Subjects: Business and Management — Economics.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.