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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]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-N42PKHBK-M

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