An economic system in which the government imposes boundaries on capitalism to limit the concentration of power and achieve social balance. The U.S. economic system is a mixed economy. Compare to Laissez-Faire. See Keynesian economics.
Browse by Subjects
See All Related Terms »
Coffee, Sugar, and Cocoa Exchange (CSCE)
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):