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Germany’s social market economy was, in addition to high wages and benefits, notable for ...

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Germany’s social market economy was, in addition to high wages and benefits, notable for ...

Germany’s social market economy was, in addition to high wages and benefits, notable for its:
a.   reliance on consensus and coordination among employers, unions, banks and other interests.
b.   reliance upon extensive state intervention in pricing and production schedules.
c.   reliance upon nationalized industry.
d.   reliance on the stock market to provide investment capital to firms that need it.

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Carla A.

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