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mixed economy
noun
- an economy in which there are elements of both public and private enterprise.
mixed economy
noun
- an economy in which some industries are privately owned and others are publicly owned or nationalized
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.
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Word History and Origins
Origin of mixed economy1
First recorded in 1935–40
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Example Sentences
The Most High has designed this obscure and mixed economy of his to be a source of moral discipline to us all.
From Project Gutenberg
It would seem expedient that every Colony or Labour House should follow a mixed economy of agriculture and industry.
From Project Gutenberg
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