social market

noun

1. 1. an economic system in which industry and commerce are run by private enterprise within limits set by the government to ensure equality of opportunity and social and environmental responsibility
   2. ( as modifier )

      a social-market economy

Example Sentences

But the Social Market Foundation think tank says winter fuel payments go to many well-off pensioners who do not need it and have proposed more targeted support for energy bills.

From BBC

They are particularly popular among white working-class students, according to research by the Social Market Foundation think tank.

From BBC

In a speech on Tuesday to the Social Market Foundation, he added that the department's use of the technology had yet to be "properly scaled".

From BBC

“His political identity was a social democrat,” Professor Yavuz added, “since he wanted to see a ‘social market’ in which the state plays a significant role in helping the poor and those who are in need.”

From New York Times

“In our social market economy, profits are OK, they are good. But in these times it is wrong to receive extraordinary record revenues and profits benefitting from war and on the back of consumers. In these times, profits must be shared and channeled to those who need it the most,” she said.

From Seattle Times