This model, which became the cornerstone of West Germany's economic recovery and subsequent prosperity, is not a mixed economy in the conventional sense but rather a market-based system operating within a strong, socially conscious regulatory framework.
Posts tagged as “mixed economy”
The four basic economic systems that exist in the modern economy include Centrally Planned Economy, Market Economy, Mixed Economy and Traditional Economies.
Most of the countries in the world nowadays have mixed economies. These countries have both have private sector and public sector.