It means partly state-run, partly privately run. In reality, every economy is a mixed economy, because government always plays at least a small part (the military for example) and private enterprise continues - if only on a small scale - in the most totalitarian state.
2006-10-09 00:26:41
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answer #1
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answered by Anonymous
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A mixed economy is an economy that has a mix of economic systems. It is usually defined as an economy that contains both private-owned and state-owned enterprises or that combines elements of capitalism and socialism, or a mix of market economy and command economy.
2006-10-02 16:06:51
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answer #2
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answered by allied 1
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An economy which is run/owned by a mixture of Government/State institutions and the Private Sector, PLCs Ltd. companies and so on.
2006-10-03 19:07:40
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answer #3
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answered by Chariotmender 7
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An economy with multiple resource generators (agriculture, IT, energy)
-Amit
http://www.ipatrons.com
2006-10-06 01:31:35
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answer #4
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answered by bettercareerforme 1
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some government and some private businesses... in a short
2006-10-07 09:17:46
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answer #5
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answered by Gina 3
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