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mixed economy

noun

Simple Definition of mixed economy

  • : an economy in which some companies are owned by the government and other companies are not

Source: Merriam-Webster's Learner's Dictionary

Full Definition of mixed economy

  1. :  an economy in which some companies are owned by the government and other companies are not

Word by Word Definitions

mixedplay
  1. :  combining characteristics of more than one kind

    :  combining features of two or more systems of government

    : :  made up of or involving individuals or items of more than one kind: as

economyplay
  1. :  the management of household or private affairs and especially expenses

    :  thrifty and efficient use of material resources :  frugality in expenditures

    :  an instance or a means of economizing :  saving

  1. :  designed to save money


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