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Answer:

The United Kingdom and Germany are both countries with market economies, but relatively high taxes, and large states.

In the UK, public spending is 39% of GPD, while in Germany, it is 44% of GDP.

This means that the economies of these two countries are quite mixed between a market system, and a state system of wealth redistribution.

However, they are still considered to be economies closer to the market side of the continuum because the economic system itself is very market-oriented, with the vast majority of firms being private.

Very little economic planning exists, prices are allowed to be determined by the forces of supply and demand, and the currencies of both countries (pound sterling for the UK and the Euro for Germany) are allowed to float freely.

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