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:
“If there is technological advance without social advance, there is, almost automatically, an increase in human misery, in impoverishment.”
—Michael Harrington (1928–1989)
“When you model yourself on people, you should try to resemble their good sides.”
—Molière [Jean Baptiste Poquelin] (1622–1673)