Meaning of mixed economy | Babel Free

Definitions

A market economy with governmental provision of public goods, often with strong regulatory oversight, other forms of economic interventionism and some level of economic planning.

Equivalents

Examples

“Angara rely on a participatory mixed economy, applying elements of socialism, capitalism, and an informal barter system. The exact means of market control varies on a contextual basis, reflecting the needs of a civilization primarily focused on its survival. Basic goods and services deemed essential to life are provided as fundamental rights, with citizens voting annually to determine exact resource allocations.”

CEFR level