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Such an economy is called a MIXED ECONOMY.

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10y ago

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12 letters word an economy that exhibits elements of both capitalism and socialism?

mixed economy


An economy that exhibits elements of both capitalism and socialism?

None, as capitalism (classes, production for profit) and Socialism (no classes, production for use) are incompatible.


What types of economic systems exist throughout the world today?

capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy


Is the US really a capitalist country?

The US has what is described as a mixed economy, which has elements of capitalism and elements of socialism.


How is a mixed economy is a mixture of command and pure market economy?

It’s called capitalism: class ownership, wages system, production for sale.


Is capitalism a type of command economy?

no. only Socialism and communism.


Is Belgium a Communism Socialism or a Capitalism?

Yes, Belgium's economy is a form of capitalism.


What economy does most of the world have?

Economy is a spectrum with one extreme being true capitalism and the other being true socialism. No country has ever achieved either extreme but most countries are more capitalist with some limited socialist policies


Economic problems for a mixed economy?

A mixed economy system is an economy system that combines elements of capitalism and socialism. The economic problems of a mixed economy are ,What to produce?, How should production be organized?, For whom should production take place?.


What is the name of the US economic system?

The prevailing US economic system is CAPITALISM, but there are a number of elements of corporatism, socialism, and traditional economics in the US economy, leading to it being properly termed as a "mixed economy".


What economic systems is a mixed economy a combination if?

where the functions of both capitalism and socialism are present,that is called mixed economy.


Country X is characterized by most but not all companies being owned by the government. This is an example of A. mixed economy. C. communism. B. socialism. D. capitalism.?

Socialism