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:
“Our policy is directed not against any country or doctrine, but against hunger, poverty, desperation and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.”
—George Marshall (1880–1959)
“There are very many characteristics which go into making a model civil servant. Prominent among them are probity, industry, good sense, good habits, good temper, patience, order, courtesy, tact, self-reliance, many deference to superior officers, and many consideration for inferiors.”
—Chester A. Arthur (1829–1886)