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What Is a Mixed Economy? Definition & Examples

By Motley Fool StaffUpdated Aug 9, 2025 at 11:17 PM

Key Points

  • Mixed economies blend free market and socialist elements, balancing efficiency and social welfare.
  • Advantages include efficient resource allocation and innovation-driven profit, as seen with Apple.
  • Disadvantages include potential inefficiency from government support and moral hazards in large firms.

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