Difference between revisions of "Mixed economy"
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| − | A '''mixed economy''' is one which combines | + | A '''mixed economy''' is one which combines [[private enterprise]] and [[government]]-run or government-subsidized industries. |
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| + | When mixed economies exist in democracies, there is sometimes popular pressure to privatize government industries seen as inefficient. | ||
==Sources== | ==Sources== | ||
Latest revision as of 22:10, November 12, 2018
A mixed economy is one which combines private enterprise and government-run or government-subsidized industries.
When mixed economies exist in democracies, there is sometimes popular pressure to privatize government industries seen as inefficient.
Sources
http://usinfo.state.gov/products/pubs/oecon/chap12.htm
