The Federal Ministry for Economic Affairs and Climate Action is a part of the Federal Government.
The abbreviation is BMWK and it takes care of the economy in Germany.
Companies in Germany should be able to operate well.
Then the companies grow.
And there will be more companies.
As a result, more people will get good jobs.
And good wages.
Therefore, people can live well.
This is good for the social cohesion of all people in Germany.
When companies operate well
and people can live well, it is called:
Social Market Economy.
Social Market Economy is the goal of the BMWK.
