Definition of Mixed economy:
An economic system in which different levels of private initiative and state monopoly survive (usually in the areas of public services, defense, infrastructure and infrastructure). All modern economies are mixed with the means of co-production between the public and private sectors. It is also called double economy.
An economic system that brings together public and private companies.
How to use Mixed economy in a sentence?
- In the United States, unlike most European countries, which prefer public resources, the market will be seen as a mixed economy.
- Although Education is primarily a state-owned company, with the advent of religious and charter schools, education is increasingly becoming a mixed business service.
- In the 1930s and 1950s, the belief that capitalism could survive only in a mixed economy or through the economic credibility of the social market became popular.
- After years of embracing the ideology of communism, Steve decided that the best type of economy was a mixed economy.
Meaning of Mixed economy & Mixed economy Definition