What is sweden main source of income?

4
Velda Fritsch asked a question: What is sweden main source of income?
Asked By: Velda Fritsch
Date created: Fri, Jul 16, 2021 2:09 PM
Date updated: Sat, Sep 3, 2022 1:29 AM

Content

Video answer: Which source of income is the best?

Which source of income is the best?

Top best answers to the question «What is sweden main source of income»

Timber, hydropower and iron ore constitute the resource base of an economy heavily oriented toward foreign trade. Sweden's engineering sector accounts for 50% of output and exports. Telecommunications, the automotive industry and the pharmaceutical industries are also of great importance.

What kind of economy does Sweden have in the world?

  • Economy of Sweden. Sweden has achieved a high standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. Sweden has the second highest total tax revenue behind Denmark, as a share of the country's income. As of 2012, total tax revenue was 44.2% of GDP, down from 48.3% in 2006.

The economy of Sweden is a highly developed export-oriented economy, aided by timber, hydropower, and iron ore. These constitute the resource base of an economy oriented toward foreign trade.

What type of economic system does Swedish have?

  • Sweden is a competitive and highly liberalized, open market economy. The vast majority of Swedish enterprises are privately owned and market-oriented, combined with a strong welfare state involving transfer payments involving up to three-fifths of GDP.

Video answer: My main source of income in norway these days

My main source of income in norway these days

Your Answer

Video answer: Student visa documents || resident permit || finland ||

Student visa documents || resident permit || finland ||