Mixed economic system is a mix between the capitalist and socialist systems, which take a middle line between freedom and control, which means also the center line between the absolute role of the state / collective and the role of prominent individuals. The center line tailored to the circumstances in which the fusion took place, so the role of the environmental situation and gives color to the system is a combination / mixture.
economic system such as this begin to be felt less effective in the face of global economic crisis that hit almost all over the world.
The characteristics of mixed economic systems:
- Economic activities undertaken by government and by private
- Economic transactions in the market, and there is a mixture of the hands of government
- There is competition and there is still control of the government
- Free enterprise
- Individual rights based on the source of production, although there are limits
- More concerned with the public than in private
- Heavy burden of government from the burden of private
- The private sector maximizes profits less
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