mixed economy

noun

Definition of mixed economy

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

Word by Word Definitions

mixed play
  1. : combining characteristics of more than one kind

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

  3. : made up of or involving persons differing in race, national origin, religion, or class

economy play
  1. : the structure or conditions of economic life in a country, area, or period

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

  3. : efficient and concise use of nonmaterial resources (such as effort, language, or motion)

  1. : designed to save money


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