Was your country’s economic system more socialist or capitalist in 1990? Was it more or less socialist or capitalist in 2020? Explain the direction of change and what it suggest about the effectiveness of “Democratic Socialism”.
Select a Scandinavian country: Sweden, Norway or Denmark. Review the definitions of Capitalism and Socialism below. Using these as a guide, look at the behavior of your chosen state within the framework provide. Research its economic and political behavior from 1990 to 2020. Now analyze. Was your country’s economic system more socialist or capitalist in […]