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Basically the economic system in Sweden is really complicated. As you can see, Sweden is one of the few countries that has a percentage increase in GDP 4.1% (increase in Economic Growth). Sweden and the other Scandinavian countries have survived from this economic crisis for 2 reasons

1) Fiscal Policy, which involves increase in Government Spending and decrease in taxation. That's why the swedish government bought some of the banks, allowing the government to manipulate the interest rates. Even though Fiscal Policy is expensive, they took the risk rather than Monetary Policy which is much cheaper

2) They are out of the Euro currency.

Sweden uses ideas from Planned and Free Market that's why is so successful

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Wiki User

12y ago
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Wiki User

11y ago

If you mean currency, it's the Swedish krona (crown).

Sweden has a capitalist market economy.

Sweden is an export-oriented mixed economy featuring a modern distribution system, excellent internal & external communications, & a skilled labour force.

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Wiki User

15y ago

Denmark has an industrialized market economy. Their markets are small, flexible and open, and are based on a lot of services because of their lack of Natural Resources. Use the link below to a really good post with all the information you need to write a killer report. The link is to Wikipedia, naturally, where refined knowledge is available for free, forever.

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paulbenn

Lvl 13
8mo ago

No. Sweden is capitalist: wages system, production for sale, class ownership of the means of production. Socialism means no classes, no money, no state.

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Wiki User

9y ago

The Swedish education is a publicly run school system. Children from the ages of 7 until 16 are required by law to attend school.

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Wiki User

9y ago

No Sweden does not have a socialist economy. Sweden has a market economy. Even though Sweden is not a socialist economy it does have things such as universal healthcare and free education.

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Wiki User

13y ago

Sweden has a mixed economy.

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13y ago

the complicated kind

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Wiki User

12y ago

A mixed market economy.

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Wiki User

12y ago

market

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Q: Does Sweden have a free market economy or a command economy?
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