What is mixed economy?

A mixed economy, also known as neo-capitalism, is an economic system in which both public and private companies occur.

In. mixed economy elements of capitalism and socialism are combined.

In some countries the economy is also described as state capitalism. In this variant of mixed economy, the government plays both the role of entrepreneur (for example at. utility company) and that of shareholder (such as the Dutch government at KLM) in private companies in the economy.

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