Introduction

Sweden has a fairly strong economy, owing to its neutrality in wars and capitalist economy. It has had some drops, but has managed to come back strong.

 The Economy

Sweden, thanks to neutrality in wars during the 20th century and its captalist economy, has a pretty strong economy. Another interesting way that they keep their economy strong is their redistribution program. This program takes some of the money people spend off of goods and redistributes it to the poor. It has skilled workers and a great standard of living. They rejected the Euro in 2003 because they thought it would damage their economy, making Sweden one of the only countries to do so. They have abundant resources like timber, ores, hydropower, nuclear material, and metals, which makes them an export based economy. And export economy sells goods, services, and valuable resources like steel, wood, and energy. They don't farm very much because it is pretty cold up there, which makes industrial oriented business dominant. Despite this strong backing, the Swedish economy slid into a recession in 2008 along with the rest of the world, and it continued down in 2009 because of a lower demand for exports. Thankfully in 2010 the demands for export goods went up, which allowed the Swedish economy to return in full force.

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Overview

Sweden makes money by selling or exporting goods across the world. These goods include steel, timber, ores, and energy.
Currently Sweden's economy is in good shape, with export demands high and strong public finances all adding up to a strong economic status.