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The social market economy (SOME; German: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, [1] is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and generally a welfare state.
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An Italian edition of Kautsky's version was published in 1954–1958, titled Storia delle teori economiche. The translator was E. Conti and the English professor Maurice Dobb wrote an introduction. There was a reprint in 1971. In 1974, a new Italian translation was published by Newton Compton Editori in Rome.
Uncertainty is a major factor that encourages the use of social proof. One study found that when evaluating a product, consumers were more likely to incorporate the opinions of others through the use of social proof when their own experiences with the product were ambiguous, leaving uncertainty as to the correct conclusion that they should make.
Austerity; Business; Business cycle; Businessperson; Capital; Capital accumulation; Capital markets; Company; Corporation; Competitive markets; Economic interventionism
Social engineering is a term which has been used to refer to efforts in influencing particular attitudes and social behaviors on a large scale. This is often undertaken by governments, but may be also carried out by mass media, academia or private groups in order to produce desired characteristics in a target population.
Social learning theory is a theory of social behavior that proposes that new behaviors can be acquired by observing and imitating others. It states that learning is a cognitive process that takes place in a social context and can occur purely through observation or direct instruction, even in the absence of motor reproduction or direct reinforcement. [1]