Difference between revisions of "Mixed economy"
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| − | ''' | + | A '''mixed economy''' is one which combines unregulated (but not necessarily "free") [[private enterprise]] and [[government]]-subsidized or government-run industries. When mixed economies exist in democracies, there is popular pressure to privatize government industries seen as inefficient, but also to regulate private industries seen as harmful to society. |
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==Sources== | ==Sources== | ||
Revision as of 20:35, October 7, 2008
A mixed economy is one which combines unregulated (but not necessarily "free") private enterprise and government-subsidized or government-run industries. When mixed economies exist in democracies, there is popular pressure to privatize government industries seen as inefficient, but also to regulate private industries seen as harmful to society.