Dictionary.com

mixed economy

Save This Word!

noun
an economy in which there are elements of both public and private enterprise.
QUIZ
QUIZ YOURSELF ON AFFECT VS. EFFECT!
In effect, this quiz will prove whether or not you have the skills to know the difference between “affect” and “effect.”
Question 1 of 7
The rainy weather could not ________ my elated spirits on my graduation day.
Meet Grammar CoachWrite or paste your essay, email, or story into Grammar Coach and get grammar helpImprove Your Writing
Meet Grammar CoachImprove Your Writing
Write or paste your essay, email, or story into Grammar Coach and get grammar help

Origin of mixed economy

First recorded in 1935–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use mixed economy in a sentence

British Dictionary definitions for mixed economy

mixed economy

noun
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

Cultural definitions for mixed economy

mixed economy

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 Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
FEEDBACK