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Economic system
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=== Mixed economy === There is no precise definition of a "mixed economy". Theoretically, it may refer to an economic system that combines one of three characteristics: public and private ownership of industry, market-based allocation with economic planning, or free markets with state interventionism. In practice, "mixed economy" generally refers to market economies with substantial state interventionism and/or sizable [[public sector]] alongside a dominant [[private sector]]. Actually, mixed economies gravitate more heavily to one end of the spectrum. Notable economic models and theories that have been described as a "mixed economy" include the following: * [[Georgism]] β socialized rents on land * [[Mixed economy]] (It can be categorized under many titles) ** [[American School (economics)|American School]] **[[Developmental state]] ** [[Dirigisme]] (Government-directed capitalist economy) **[[Distributism]] ** [[Indicative planning]], also known as a planned market economy ** [[Japanese post-war economic miracle|Japanese system]] ** [[Nordic model]] (Social democrat economics of Nordic countries) ** [[Progressive utilization theory]] ** [[Corporatism]] (economies based on tripartite negotiation between labor, capital, and the state) ** [[Social market economy]], also known as ''Soziale Marktwirtschaft'' (Mixed capitalist) **[[New Economic Policy]] (Mixed socialist) ** [[State capitalism]] (Government-dominated capitalist economy) **[[Socialist market economy|Socialist Market Economy]] (Mixed socialist)
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