German Social Market Economy Shapes Europe's Economic Landscape
The article discusses how Germany's economic system, called the Social Market Economy, played a crucial role in the country's post-World War II recovery and rise to economic power. This model combined German values with free market principles, leading to the German economic miracle of the 1950s and 1960s. Despite some changes in recent years, the Social Market Economy still serves as a model for emerging markets in Europe and beyond.