Sweden Welfare State Summary

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Summary
Priding itself in having one of the best welfare states in Europe and being the 4th happiest country in the world, the report would examine the struggles faced by Swedish citizens while maintaining and keeping up with the quality of their welfare state. (Some struggles that could be thought of were contributing to high taxes from income). Different areas of the welfare state would be examined and the report would conclude whether the Swedish welfare state was indeed meeting the needs of its citizens.
Sweden had an economy and welfare state that was admired by many countries. It was also known as the People’s home as the needs were equally distributed among its citizens. The welfare state in Sweden offered one of the most generous payouts in the world. That included 480 days of paid leave, pensions and paid sick leaves.
The success of Sweden’s welfare state could be explained by its economic history. A series of free market reforms helped the country with its economic growth. The policymakers depended on work friendly practices and growth. The Social Democrats tried to bring Sweden’s economy to Socialism. The competitiveness found in Sweden’s economy was reduced by the government’s involvement with the economy, generous welfare benefits and high taxes. With the competitiveness reduced, Sweden became a substandard industrialized country when it came to wealth. The country also became poorer due to paying taxes and its spending policies. At the end of the 19th century, there were many small farmers in the country that had their own property. Even though they were quite poor, they focused on justice and work related norms. These ethics prompted Swedes to work hard to support themselves and their families. Swedes believed tha...

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...come groups. This pattern could have signified a public desire for increased tax progression since respondents tend to think that high income earners were taxed too lightly whereas low income earners were taxed more heavily.

Lastly, the main issue that Sweden needs to address would be to create more jobs in the country to support its heavily burdened welfare state. Other than relying on international trade to sustain its economy, the government could encourage entrepreneurship amongst citizens by offering some incentives. This way, the economy could be further stimulated as citizens would rise up to be their own bosses and create their own jobs. With more jobs available in the country, there would be more tax payers to sustain the welfare state. There would also be more business revenues from entrepreneurs which would contribute to the economic prosperity of Sweden

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