Concept information
Preferred term
mixed economy
Definition
- The term mixed economy typically describes an economic system that combines the use of market and command mechanisms to guide economic activity. A mixed economy is typically considered a middle ground—a “third way”—between laissez-faire capitalism and state socialism. [Source: Encyclopedia of Social Problems; Mixed Economy]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-N42PKHBK-M
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