Nordic Welfare State

The Nordic Welfare State is a social and economic system found in countries like Sweden, Norway, Denmark, Finland, and Iceland. It provides extensive social services such as healthcare, education, unemployment benefits, and support for families, funded primarily through high taxes. This system aims to promote equality, social security, and a high standard of living for all citizens. It balances free-market capitalism with strong government interventions to ensure that basic needs are met and social disparities are minimized, fostering a more inclusive and resilient society.