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