Infographic Template Galleries

Created with Fabric.js 1.4.5 Germany Market Economy nn Germany is classified as a social market economy. Which they call Soziale Marktwirtschaft. A market economy is an economy in which decisions regarding investments,production,and distribution are based on supply and demand, and prices of goods and services are determined in a free price system. The German economy is the thirdlargest economy in the world. They rest on the three main principlas. Individual freedom rested onthe liberal of individuality. Solidarity meaning that an individual is part of larger society consisting of mutual dependencies. Subsidiary being a role of the state to shape the relation between individuality and solidarity. It should give the highest priority to individual rights and ensure that what can be done on the part of the individual should be done by it and not by the state. Country/Economic system Economic Growth Chart 2014 U.S. v.s. Germany The U.S. is a Mixed Economy while Germany is a Market Economy. The top three conclusions summarizing each would be that the U.S. is a government based economy with each other economies combined. We are defined as capitalist with private property rights,freedom of choice and competition. Germanyis not extensively regulated with government but with agencies. It is free of state interventionand domination.Free enterprise and the rule of the market were also promoted as a part of governmental policy. I would live in Germany. Their economic system is focused on structurenot dictatorship. They are the 3rdlargest economy in the world. They maintain social balance. The social role of the state was aimed at protecting the poor who could not withstand the forces of market at all times. Making is fair. Would I live in Germany? Pictures of Germany CITY LANDSCAPE
Create Your Free Infographic!