ECONOMICSaneconomicsystemwhichcombinesafreemarket(=marketbasedonsupplyanddemand)with somegovernmentcontrolandfinancialhelpforpeoplewho areill,unemployed, etc.:Everyone,perhapsexcludingtheAmericans,followssomevarianton thesocialmarket.Although the Federal Republic'sfounderssoughtasocialmarketeconomy, they neverenvisionedgovernment'sshareofGDPcrossingthe 50%line.(Definition ofsocial marketfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofsocial market
social marketIt aims to promote and produce policies supporting thesocialmarket.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The economy was to be asocialmarketone, with planning employed and public and private property enjoying equal protection.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The party calls itself social liberal and supports asocialmarketeconomy.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.With a turn to asocialmarketeconomy this is changing.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The enterprises and production sites broke down almost completely as they entered thesocialmarketeconomy.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In economic issues, it is generally liberal, but it defends asocialmarketeconomy.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The aim of thesocialmarketeconomy is to realize greatest prosperity combined with best possible social security.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The coordinatedsocialmarketeconomy should be strengthened, and its output should be distributed fairly.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Characteristics ofsocialmarketeconomies are a strong competition policy and a contractionary monetary policy.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Over time, the term social in thesocialmarketeconomy began to take on a life of its own.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/social-market##
