Question 171 · Federal question
Social market economy means the economy...
German original (as asked in the real test)
Soziale Marktwirtschaft bedeutet, die Wirtschaft …
- A steuert sich allein nach Angebot und Nachfrage.
- B wird vom Staat geplant und gesteuert, Angebot und Nachfrage werden nicht berücksichtigt.
- C richtet sich nach der Nachfrage im Ausland.
- D richtet sich nach Angebot und Nachfrage, aber der Staat sorgt für einen sozialen Ausgleich. ✓ Correct answer
Translation
Social market economy means the economy...
- A is governed solely by supply and demand.
- B is planned and controlled by the state, supply and demand are not considered.
- C is oriented towards foreign demand.
- D is governed by supply and demand, but the state ensures social balance. ✓ Correct answer
Explanation
Germany’s social market economy combines free-market principles (prices set by supply and demand) with state measures to ensure social security and fairness, such as social insurance and competition policy. It is neither pure laissez-faire nor centrally planned, and it is not oriented primarily toward foreign demand.
Tips
- Look for options that mention both market mechanisms (supply and demand) and a role for the state in social balance.
- Eliminate answers that describe full state planning or ignore market forces.
- iscard choices focusing on foreign demand; the model concerns domestic market rules with social safeguards.
- Keywords: “supply and demand,” plus “state ensures social/redistribution/protection,” and avoidance of extremes.
