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:
“At this moment, who would not remain persuaded that these women were virtuous? Are they not the flower of the country? Are they all not fresh, ravishing, intoxicating with beauty, youth, life and love? To believe in their virtue is a kind of social religion; because they are the world’s ornament and the glory of France.”
—Honoré De Balzac (1799–1850)
“The Battle of Waterloo is a work of art with tension and drama with its unceasing change from hope to fear and back again, change which suddenly dissolves into a moment of extreme catastrophe, a model tragedy because the fate of Europe was determined within this individual fate.”
—Stefan Zweig (18811942)