Mixed Capitalist Definition
An economic system that features characteristics of both capitalism and socialism
Mixed Capitalist Countries
Characteristics of Capitalist Countries
- Two-class system
- run by the individuals (or corporations) who own and operate companies and make decisions as to the use of resources
- Capitalism in its purest form is a society in which the market sets prices for the sole purpose of profits and any inefficiency or intervention that reduces profit making will be eliminated by the market.