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:
“... as women become free, economic, social factors, so becomes possible the full social combination of individuals in collective industry. With such freedom, such independence, such wider union, becomes possible also a union between man and woman such as the world has long dreamed of in vain.”
—Charlotte Perkins Gilman (18601935)
“The playing adult steps sideward into another reality; the playing child advances forward to new stages of mastery....Childs play is the infantile form of the human ability to deal with experience by creating model situations and to master reality by experiment and planning.”
—Erik H. Erikson (20th century)