Encyclopedia > Mixed economy

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Mixed economy

In economics and politics, a mixed economy is an economy which combines regulated free market capitalism and a limited number of socialist institutions and State ownership[?] of some sectors of the economy such as
  • social security,
  • environmental regulation,
  • labor regulation,
  • product safety regulation,
  • progressive taxation and
  • public education.

Most democratic countries. including the United States, have mixed economies.



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