list out two examples each for capitalist economy, socialist economy and mixed economy?
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Answer:
A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
A mixed economy consists of both private and government/state-owned entities that share control of owning, making, selling, and exchanging good in the country. Two examples of mixed economies are the U.S. and France. A mixed economy monitors the power of monopolies.
For example, the United Kingdom, Norway, Sweden, and even the US have different levels of socialist influence in their economies, from welfare programs to industry regulations. Nordic countries are commonly used as examples of a successful implementation of democratic socialism.