Question 50
Die Wirtschaftsform in Deutschland nennt man …The economic system in Germany is called …
Options
- freie Zentralwirtschaft.free central economy.
- soziale Marktwirtschaft.social market economy.
- gelenkte Zentralwirtschaft.controlled central economy.
- Planwirtschaft.planned economy.
Explanation
Germany follows the model of the social market economy (soziale Marktwirtschaft), which combines free-market principles with social safeguards. The state protects competition while using social policy—such as social insurance and worker protections—to ensure broad participation in prosperity. Centralized or planned economies contradict this framework.