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.

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