mixed economy

American  

noun

1. an economy in which there are elements of both public and private enterprise.

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mixed economy British  

noun

1. an economy in which some industries are privately owned and others are publicly owned or nationalized

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mixed economy Cultural  

1. 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.

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Etymology

Origin of mixed economy

First recorded in 1935–40

Example Sentences

Dentistry in Scotland has always been a mixed economy.

From BBC

"We support a mixed economy of advertising platforms on behalf of our clients, and support environments that deliver against the hardest to reach consumers," she said.

From BBC

"But this is very positive. It marks a new era. You can begin to talk about a mixed economy," he said.

From Reuters

Somoza’s corruption and violence had alienated even Nicaragua’s business classes, and a broad popular front implemented a mixed economy promoting popular organization, land reform and the socialization of basic services.

From Seattle Times

“We have to allow different sectors of the economy to adapt in different ways to address this opportunity, frankly, for a more mixed economy of remote and physical work.”

From Reuters