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:
“I think “taste” is a social concept and not an artistic one. I’m willing to show good taste, if I can, in somebody else’s living room, but our reading life is too short for a writer to be in any way polite. Since his words enter into another’s brain in silence and intimacy, he should be as honest and explicit as we are with ourselves.”
—John Updike (b. 1932)
“It has to be acknowledged that in capitalist society, with its herds of hippies, originality has become a sort of fringe benefit, a mere convention, accepted obsolescence, the Beatnik model being turned in for the Hippie model, as though strangely obedient to capitalist laws of marketing.”
—Mary McCarthy (1912–1989)