What Is Social Market Economy? | The Blk Projek
What Is Social Market Economy?
The social market economy is a model. It is a model where coexistence in the society is organized economically and politically. It combines the advantages of the market economy with a social security system. The state proved it to be particularly resilient, especially in economic crises.
What do politicians say about the social market economy?
Politicians often argue and debate about the correct interpretation of the social market economy. The core issue here is how much the state should interfere in the economy or how much social support comes from the state.