Germany's democratic arrangement whereby business,labor,and the state work within an explicit framework to guide the economy toward future goals is called

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This democratic arrangement, in which business, labor, and the state work together to guide the economy, is known as codetermination. It involves employees having a say in the management and decision-making of companies, creating a collaborate approach to economic development.

Germany's Democratic Arrangement Whereby Business,labor,and the State Work Within an Explicit