A mixed economy is an economy that incorporates elements of both free market transactions and government control. While a mixed economy generally allows private property and prices, it also will ...

Command and mixed economies are two different economic systems. The command economy is at one extreme of the economic spectrum while a free market economy is at the other. A mixed economy falls in ...

Philip Dumas / Getty Images The United States has a mixed economy. Its economic system functions with characteristics of both capitalism and socialism. A mixed economic system protects some ...