Definition of Mixed Economy
(noun) An economic system in which goods and services are produced, distributed, and exchanged by the forces of price, supply, and demand with partial control by a central authority such as a government.
Mixed Economy Pronunciation
Syllabification: mixed e·con·o·my
- American English – /mIkst i-kAHn-uh-mee/
- British English – /mIkst i-kOn-uh-mee/
International Phonetic Alphabet
- American English – /mɪkst ɪˈkɑnəmi/
- British English – /mɪkst i(ː)ˈkɒnəmi/
- Economic Sociology – Books, Journals, and Helpful Links
- Word origin of “mixed” and “economy” – Online Etymology Dictionary: etymonline.com
- allocation of resources
- division of labor
- economic system
- market economy
- market exchange
- subsistence economy
Kendall, Diana. 2011. Sociology in Our Times. 8th ed. Belmont, CA: Wadsworth.
Stewart, Paul, and Johan Zaaiman, eds. 2015. Sociology: A Concise South African Introduction. Cape Town: Juta.
Thompson, William E., and Joseph V. Hickey. 2012. Society in Focus: An Introduction to Sociology. 7th ed. Boston: Allyn & Bacon.
Tischler, Henry L. 2011. Introduction to Sociology. 10th ed. Belmont, CA: Wadsworth.
Wikipedia contributors. (N.d.) Wiktionary, The Free Dictionary. Wikimedia Foundation. (http://en.wiktionary.org).
ASA – American Sociological Association (5th edition)
Bell, Kenton, ed. 2014. “mixed economy.” In Open Education Sociology Dictionary. Retrieved February 1, 2023 (https://sociologydictionary.org/mixed-economy/).
APA – American Psychological Association (6th edition)
mixed economy. (2014). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/mixed-economy/
Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)
Bell, Kenton, ed. 2014. “mixed economy.” In Open Education Sociology Dictionary. Accessed February 1, 2023. https://sociologydictionary.org/mixed-economy/.
MLA – Modern Language Association (7th edition)
“mixed economy.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2014. Web. 1 Feb. 2023. <https://sociologydictionary.org/mixed-economy/>.