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1.1.6 Free market economies, mixed economy and command economy

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Question 2

In an effort to secure technological sovereignty, a state-run sovereign wealth fund financed 60% of a €12 billion quantum-computing infrastructure hub. The remaining 40% was funded by a consortium of private technology firms, who will manage the day-to-day research operations and commercialise any resulting patents.

Using the information provided, define the term 'mixed economy'.

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1.1.6 Free market economies, mixed economy and command economy Questions

  1. A Level
  2. /Economics
  3. /1.1.6 Free market economies, mixed economy and command economy