Asked by

Alexis Crider
on Oct 13, 2024

verifed

Verified

Sweden and Norway would best be described as _______ countries.

A) Capitalist
B) Fascist
C) Communist
D) Socialist

Sweden

A country in Northern Europe known for its high standard of living, comprehensive welfare system, and as a member of the European Union, but not using the euro as its currency.

Norway

Norway is a Nordic country located in Northern Europe, known for its extensive coastline, mountainous terrain, and significant oil reserves, which is one of the world's wealthiest nations per capita.

Socialist

refers to a political and economic theory of social organization which advocates for the means of production, distribution, and exchange to be owned or regulated by the community as a whole.

  • Learn the key principles and intended outcomes of various economic models, such as capitalism, socialism, and communism.
verifed

Verified Answer

AB
Alondra BaltazarOct 14, 2024
Final Answer:
Get Full Answer