Mixed economy

From Wikinfo

In economics and politics, a mixed economy is an economy which combines regulated free market capitalism and a limited number of socialist institutions and State ownership of some sectors of the economy such as

• social security,
• environmental regulation,
• labor regulation,
• product safety regulation,
• progressive taxation and
• public education.

Most democratic countries. including the United States, have mixed economies.

See also Nationalisation, Public sector

References

• Adapted from the Wikipedia article, "Mixed_economy" http://en.wikipedia.org/wiki/Mixed_economy, used under the GNU Free Documentation License