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
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.
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.
No. Sweden is capitalist: wages system, production for sale, class ownership of the means of production. Socialism means no classes, no money, no state.
The Swedish education is a publicly run school system. Children from the ages of 7 until 16 are required by law to attend school.
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.
Sweden has a mixed economy.
the complicated kind
A mixed market economy.
market
A market economy
free market
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
Australia has a free market economy.
No. Vietnam is a command economy.
A market economy
free market
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
Australia has a free market economy.
it has a free economy
No. Vietnam is a command economy.
Neither: it is capitalist with state interference.
Yes Libya has a Command Economy
No, command economy
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
The USSR had a command economy, Russia today has a free market economy.
Free market economies