According to the rough typology, we can distinguish at least three economic social models. This paper provides descriptions, examples and comparisons of the two most common used models, the Anglo-Saxon model and Scandinavian model. The Anglo-Saxon model is characterized by large market freedom, ie the liberal attitude of the state towards the market, which has a positive impact on the development of the economy and enables a good entrepreneurial climate. The second feature of the model is low state care about the social rights of citizens and workers, which as a result has a big gap between the rich and the poor. Unlike the Anglo-Saxon, the Scandinavian model has a high level of social sensitivity and large market freedom. The Nordic countries are often seen as an example of the great balance between the social rights of citizens and the free market. They are classified into a highly developed countries of the world and also, they are one of the most desirable destinations for life. The country that has the most features of the Anglo-Saxon model in its policies is the United States, while the Scandinavian countries in their policies differ only in shades. Both models have their similarities and differences, advantages and disadvantages as a result of the various circumstances and environments in which countries have developed. Countries which belongs to the Anglo-Saxon model are the United States, Canada, Ireland, the United Kingdom, New Zealand and Australia, while Scandinavian model is being implemented by the Nordic countries: Sweden, Norway, Denmark, Iceland and Finland.