A social, or socioeconomic, model, is the value system associated with the structure of a nation's political economy. It usually involves public policies that affect the welfare of a country's citizens in the framework of a market or mixed economy. There are no set rules that define a social model, only loose definitions characterized by certain attributes.
Famous quotes containing the words social and/or model:
“America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.”
—C. Wright Mills (1916–1962)
“One of the most important things we adults can do for young children is to model the kind of person we would like them to be.”
—Carol B. Hillman (20th century)