Household economy in the Nordics (16th to 20th centuries)
Journal: The History of the Family
The Nordic model, known for its combination of economic efficiency, robust welfare policies, and political stability, represents a distinctive socio-economic system in northern Europe. This model has fostered a high standard of living by merging free market capitalism with extensive welfare support. The characteristics of the Nordic model had critical effects on households’ financial behaviour. The high level of tru…