Traditional Culture Encyclopedia - Traditional stories - What are the types of current market economy models? Briefly describe the characteristics of each model?
What are the types of current market economy models? Briefly describe the characteristics of each model?
There are four main models: 1, the free market economy model of the United States and Britain, whose main characteristics are: the private economy is absolutely dominant, the proportion of state-owned economy is small, and the concentration of private capital is high. 2. (Rhine model) The social market economy model of Germany and France is characterized by opposing the laissez-faire market economy and advocating the implementation of policies aimed at safeguarding national interests. 3. (Scandinavian model) Sweden, Norway and Finland's high welfare model: guided by socialist democratic theory, emphasizing social equity, paying attention to welfare society construction, economic redistribution and high-level employment. 4. (East Asia Model) The market economy model led by Japanese and other Asian countries: the government plays an important economic role, relying on central planning and market mechanism to guide the economy, and the macro plan, financial policy and monetary policy formulated by the government regulate the market.
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