mixed economy

An economy which combines elements of the market economy with elements of a command economy ; that is, combines characteristics of capitalism and socialism . In a mixed economy, some but not all of the activities of production, distribution, and exchange are organized by the state, and the state generally plays a larger role in setting policy, rules, and objectives, and in controlling labour, than would occur in a purely market economy.
The term is sometimes used more loosely to refer to an economy which includes any elements other than a pure market economy, for example pockets of subsistence farming in particular areas of the country.

Dictionary of sociology. 2013.

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  • mixed economy — ➔ economy1 * * *    Midway between a planned economy and a market economy. Thus the state runs one or more sectors or parts of the economy alongside generally free market activities.    ► See also State Planning. * * * mixed economy UK US noun… …   Financial and business terms

  • mixed economy — mixed economies N COUNT A mixed economy is an economic system in which some companies are owned by the state and some are not …   English dictionary

  • Mixed Economy —   [mɪkst ɪ kɔnəmɪ, englisch], die gemischte Wirtschaftsordnung …   Universal-Lexikon

  • mixed economy — ► NOUN ▪ an economic system combining private and state enterprise …   English terms dictionary

  • Mixed economy — Part of a series on Economic systems Ideological systems Anarchist  …   Wikipedia

  • mixed economy — An economy in which some goods and services are produced by the government and some by private enterprise. A mixed economy lies between a command economy and a complete laissez faire economy In practice, however, most economies are mixed; the… …   Big dictionary of business and management

  • mixed economy — UK / US noun [countable] Word forms mixed economy : singular mixed economy plural mixed economies economics an economic system in which some businesses are controlled by the government and some are controlled by private companies …   English dictionary

  • mixed economy — noun an economic system that combines private and state enterprises • Hypernyms: ↑economy, ↑economic system * * * noun, pl ⋯ mies [count] : an economy in which some companies are owned by the government and other companies are not * * * ˌmixed… …   Useful english dictionary

  • Mixed Economy — Mixed Eco|no|my [ i kɔnəmi] die; <zu engl. economy »Wirtschaft«> Form der (Markt)wirtschaft, die neben der wettbewerblichen Selbststeuerung auch durch Lenkungsmaßnahmen u. Verhandlungen zwischen Interessengruppen gekennzeichnet ist …   Das große Fremdwörterbuch

  • mixed economy — mixed e conomy n an economic system in which some industries are owned by the government and some are owned by private companies …   Dictionary of contemporary English

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