0 an economic system which combines a free market (= market based on supply and demand) with some government control and financial help for people who are ill, unemployed, etc.:
Everyone, perhaps excluding the Americans, follows some variant on the social market.
Although the Federal Republic's founders sought a social market economy, they never envisioned government's share of GDP crossing the 50% line.
NOVÉ SLOVÁ
European
May 10, 2021
SLOVO DŇA
Shimmer
social market