English / word
mixed economy
noun C1MEANING IN ENGLISH
An economic system combining elements of private enterprise and state intervention.
In context
01
A mixed economy allows private businesses to thrive while maintaining public welfare programs.
02
Most countries today follow a mixed economy model.
Synonyms
dual economy,hybrid economy
Antonyms
pure capitalism,command economy,planned economy
Collocations
operate a mixed economy,features of a mixed economy,transition to a mixed economy