Norahreilly2010 Norahreilly2010
  • 21-04-2022
  • Social Studies
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What is a Mixed Market economy?

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  • 21-04-2022

What is a Mixed Market economy?

"a market system of resource allocation, commerce, and trade in which free markets coexist with government intervention"

"A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims."

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