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mixed economy

noun

  1. an economy in which there are elements of both public and private enterprise.


mixed economy

noun

  1. an economy in which some industries are privately owned and others are publicly owned or nationalized
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


mixed economy

  1. 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.

It would seem expedient that every Colony or Labour House should follow a mixed economy of agriculture and industry.

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