Category: EconomyPart of speech: nounDifficulty: Common

ekonomi

/ekonomi/Roman

English meaning: Economy

Swedish Definition

(Svenska)

Systemet för produktion, distribution och konsumtion av varor och tjänster i ett samhälle.

English Definition

The system of production and consumption of goods and services. Sweden has one of the world's highest GDP per capita. Its mixed economy model balances free markets with a strong welfare state. Sweden-India economic ties include investment in telecom, defense (Saab Gripen fighters were shortlisted for India's MMRCA), and green energy.

Example

Sverige kombinerar fri marknad med en stark välfärdsstat — ett framgångsrikt ekonomiskt modell.

In English: Sweden combines free market with a strong welfare state — a successful economic model.

Synonyms

  • samhällsekonomi
  • marknadseknonomi

Literary Heritage

De fattiga måste lämna sina hem, men de rika stannar kvar och tar allt.

The poor must leave their homes, but the rich remain and take everything.

Vilhelm Moberg · Novelist / Playwright · 20th century

Utvandrarna

Utvandrarna (The Emigrants), Part II, Ch. 5, 1949

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Language information

Language
Svenska
Swedish
Script
Latin
Family
Germanic
Speakers
10M
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