The type of economy in Germany is called ...
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Correct answer to question 50: social market economy.
Explanation
Germany's economic system is the social market economy: free markets and competition are combined with social balance and welfare. The concept was developed by Ludwig Erhard, the first economics minister under Chancellor Adenauer.
The question in German, as it appears in the test
Die Wirtschaftsform in Deutschland nennt man …
Last updated: November 2026
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