A country with a mixed economy is a combination of socialism and communism with a stronger public sector.

Question

Quizplus · Accepted Answer

A mixed economy is a combination of capitalism and socialism, where there is a balance between government control and private enterprise. Communism is generally associated with a command economy where the government controls all economic activity. Therefore, a mixed economy would not include communism as a component.

A Country with a Mixed Economy Is a Combination of Socialism