Difference between revisions of "Mixed economies"
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| − | [ | + | Mixed economies are economies which combine unregulated (but not necessarily "free") [[markets]] 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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Revision as of 19:20, April 15, 2008
Mixed economies are economies which combine unregulated (but not necessarily "free") markets 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.