Mixed economy
In economics and politics, a mixed economy is an economy which combines regulated free market capitalism and a limited number of socialist institutions and State ownership of some sectors of the economy such as
- social security,
- environmental regulation,
- labor regulation,
- product safety regulation,
- progressive taxation and
- public education.
Most democratic countries. including the United States, have mixed economies.
See also Nationalisation, Public sector
Referenced By
Market-oriented economy | Market economy | NAIRU | SocialisM | Socialist | Socialists
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