Economic Flashcards
1
Q
Capitalism.
Varies across the world, with each country tackling the balance between free market and government support in it’s own way, to it’s own values/attitudes.
A
E.g. German mittelstand business accounts for 99% of business, 80% of trainees and the majority of government support.
So what? MNCs may have to vary business strategies depending on the country in which they operate.