Mixed economy Guide, Meaning , Facts, Information and Description

In economics and politics, a mixed economy is an economy which combines regulated capitalism, a limited number of planned economy institutions, as well as certain socialist measures and state ownership of some sectors of the economy, such as:

• social security
• environmental regulation
• labor regulation
• product safety regulation
• progressive taxation
• public education
• health care
• public owned firms that produce goods and services, not just public services

Most democratic countries, including the United Kingdom, have mixed economies. The United States has somewhat of a mixed economy. The term mixed economy is generally used when an economy has reasonably significant portions of both socialism and capitalism.

See also:

• Nationalisation
• Public sector

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