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It is called a mixed economy.

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Ramon Anderson

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3y ago

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What do you call an economy that is both partly command an partly market?

When an economy is partly command and partly market, is called a mixed economy.


Do we call an economy that is both partly command and partly market?

mixed economy


What do we call an economy that is both partly command and partly marketed?

mixed economy


What do you call an economy that is both partly command and market?

When an economy is partly command and partly market, is called a mixed economy.


What is a government controlled economy called?

Command Economy The person above was wrong... the correct answer is called communism... it's a not so lovely little thing I like to call " the government is stupid why are they in control". How's that for communism?


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What do you call an economy that has both captialism and socialism?

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Is US a traditional command or mixed economy?

Actually the United States is a Market Economy. Some people also call it free enterprise or a capitalism. The US could also be a mixed economy because the government also owns some things like railroads and some businesses but it is more of a Market Economy. This is where you make choices on what you want to make, how much you want it to cost, you are free to do anything without little government interference. A traditional economy is quite old now, this is where you trade or barter than actually paying anything. A command economy is where the government tells you what to make, how much it will cost, and you have to deal with the government more. A mixed economy is where there is a mixture of economic systems. To make it more plainer - The US could be either a Market or Mixed Economy but is more of a Market Economy!! Hopes this helps :D


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