Sweden. Economic System Mixed Economy- A combination of free enterprise and command economies. Mixed Economy- A combination of free enterprise and command.

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Presentation transcript:

Sweden

Economic System Mixed Economy- A combination of free enterprise and command economies. Mixed Economy- A combination of free enterprise and command economies.

Advantages Free public health care Free public dental care 480 days of paid time off after a child is born Child allowance for children under 16 Disability & sick pay Unemployment pay Full retirement pension at 65 Free elderly care Free daycare, preschool, primary school, & college

Disadvantages High taxes- nearly 60% of a Swedish citizens income goes to taxes. If you make $1,000 a month- $600 would go to TAXES. Strong government regulations & limitations on economy. Economy regulated more by government than supply and demand. Redistribution of resources

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