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mixed economy

an economy in which there are elements of both public and private enterprise.
Origin of mixed economy
First recorded in 1935-40 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for mixed economy
Historical Examples
  • It would seem expedient that every Colony or Labour House should follow a mixed economy of agriculture and industry.

    The Vagrancy Problem. William Harbutt Dawson
  • The Most High has designed this obscure and mixed economy of his to be a source of moral discipline to us all.

    Bible Emblems Edward E. Seelye
British Dictionary definitions for mixed economy

mixed economy

an economy in which some industries are privately owned and others are publicly owned or nationalized
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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mixed economy in Culture

mixed economy definition

An economy that combines elements of capitalism and socialism, mixing some individual ownership and regulation. Some capitalist countries, France, for example, employ what is often called state capitalism. In this form of a mixed economy, the state becomes a major shareholder in private enterprises. An alternative, employed in Great Britain (more in the past than now), is for the state to own some industries while leaving others in private hands.

The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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