Definition for social market economy - Oxford Dictionaries Online (World English)

Subscriber login

Close menu

	Email Cite
	social market economy (so¦cial mar¦ket econ\|omy) (also social market) noun an economic system based on a free market operated in conjunction with state provision for those unable to work, such as elderly or unemployed people.		More words in this category broad money cash nexus dollarization ex ante hyperinflation informal Laffer curve laissez-faire landed mountain Nash equilibrium Phillips curve psychic income real 1 soft loan soft power surplus value third sector utility function Nearby Words social fact social fund social gaming social geography social gospel social graph social housing social inquiry report social insurance social market economy social media social network social networking social partner social process social promotion social psychology social realism social scale