0
The social market economy combines capitalism with a social policy that ensures a basic economic safety net for the poor. It was originally implemented in West Germany.
What else can I help you with?
Is Louisiana a free market economy?
no
What type of economy is not under private control?
A market economy is not under the private control. A command economy is one where decisions are made by the government only, thus making it a private economy. In market economy, anyone can decide what business to do and what to make.
In China deng xiaoping four modernization led to?
Deng Xiaoping's Four Modernizations in China aimed to enhance agriculture, industry, defense, and science and technology, significantly transforming the country's economy. These reforms shifted China from a centrally planned economy to a more market-oriented approach, leading to rapid economic growth and development. The policies contributed to increased foreign investment, improved living standards, and greater integration into the global economy. However, they also resulted in social challenges and disparities, as the benefits of modernization were unevenly distributed.
What is the econimic system in ireland?
Free market economy.
Is North Korea a mixed economy or market?
Yes.
What was China's Economy before it was a market economy?
social economy
What is Germany's type of economy?
They have a Social Market economy.
What kind if market does Germany have?
social market economy
What kinds of benefits do people receive in a market economy system in a command economy system?
are the benefits do people
What kind of benefits do people receive in a market economy system In a command economy system?
are the benefits do people
What kind of benefit do people receive in a market economy in a command economy system?
are the benefits do people
Does Germany have a free market economy?
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
What is the economy based on is Austria?
a social market economy
Who benifits from mutual funds?
Everyone benefits from mutual funds. Investors gain from these funds because they stand to reap the benefits of investing in the stock market. The stock market benefits because there are more people investing in the stock market. The economy benefits because there is more money in circulation which is good for the overall economy of the country.
What kind of Economic System does Germany Have?
social market economy
What factors determine the shape of the marginal social benefit curve in a market economy?
The shape of the marginal social benefit curve in a market economy is determined by factors such as consumer preferences, externalities, government regulations, and the availability of substitutes.
What is the single most important reason to run a business in market economy?
Money and other benefits
