Austria has a highly developed social market economy, with the country being one of the 28 richest in the world in terms of GDP (gross domestic product) per capita. Until the 1980s, many of its largest industry firms were nationalised.
Austria has a highly developed social market economy, with the country being one of the 28 richest in the world in terms of GDP (gross domestic product) per capita. Until the 1980s, many of its largest industry firms were nationalised.
Source: Wikipedia "Economy of Austria" · CC BY-SA 4.0
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