Difference between revisions of "Mixed economies"

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(New page: Mixed economies are economies which combine unregulated (but not necessarily "free") markets and government-subsidized or government-run industries. When mixed economies exist in democ...)
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Revision as of 00:53, April 3, 2007

Mixed economies are economies which combine unregulated (but not necessarily "free") markets and government-subsidized or government-run industries. When mixed economies exist in democracies, there is popular pressure to privatize government industries seen as inefficient, but also to regulate private industries seen as harmful to society.