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The economic history of Sweden, since the Iron Age, has been characterized by extensive foreign trade based on a small number of export and import commodities, often derived from the widely available raw materials iron ore and wood. An industrial expansion in the latter half of the 19th century transformed the society on many levels.
Modern economic growth in Sweden took off in the middle of the nineteenth century and in international comparative terms Sweden has been rather successful during the past 150 years. This is largely thanks to the transformation of the economy and society from agrarian to industrial.
Although the first half of the 20th century was lined with political problems, high inflation rate and unemployment, and need for economic recovery, it was also the era in which a new trademark for the Swedish economy was introduced: the Swedish model.
Summary. The Swedish growth trajectory began in the mid-19th century as external demand for its staples added an important impetus to industrialization and structural transformation. Since then, GDP per capita has increased by a factor of 21, which means that GDP per capital has doubled 4.4 times.
2 dni temu · Wood, metallic ores, and waterpower constitute the historical basis for Sweden’s industrial economy. The country is lacking in fossil fuels and must rely on imports for its needs.
history of Sweden, a survey of the important events and people in the history of Sweden from the time of its settlement. Sweden occupies the greater part of the Scandinavian Peninsula in northern Europe.
Based upon comprehensive and original research, An Economic History of Sweden represents an invaluable resource for both economic historians and students of economic theory.
