1. What neighboring country does the video compare Sweden with? What are two major differences between Sweden and its neighbor that are cited in the video? Norway, although Sweden is slightly different in the way it was not blessed with the Norwegian Sea or its abundance of oil and gas. So, Sweden was not able to build up a sovereign wealth fund with its oil profits like Norway was.

2. What are several similarities? Their life expectancy is the same, their rates of education are the same, and even their median salaries between the two countries are the same.

3. Sweden founded the first what in 1668? Sweden established the first central bank, Sveriges Riksbank, in 1668. Its origins can be traced back to the failure of Sweden's first bank, Stockholms Banco, in 1656.

4. What is the top marginal tax rate in Sweden? 56.9%

5. What is the top marginal tax rate in the United States? What level of earners receive this tax rate? In the United States, marginal tax rates range from 10% at the low end to 37% at the high end.

6. In Sweden the top marginal tax rate is applied at what point? Sweden's top marginal tax rate of 56.9 percent applies to all income exceeding 1.5 times the national average.

7. What is the Income Inequality Index value in Sweden? The HDI for Sweden in 2019 is 0.945. When the value is discounted for inequality, however, the HDI falls to 0.882, a loss of 6.7% due to inequality in the distribution of the HDI dimension indices.

8. What is the wealth inequality index for Sweden?

With the gini, a higher number indicates greater inequality: Sweden 0.742. In Sweden, wealth is distributed more unequally than in the United Kingdom.

9. Sweden has more what per capita than any country other than Switzerland and several “micronations”? Sweden has a GDP per capita of $51,200 in 2017, whereas Switzerland has a GDP per capita of $62,100 in 2017. be 52.2 percent less likely to be out of work As of 2017, 6.7 percent of adults in Sweden were unemployed.

10. What are the reasons the video attributes to Sweden’s high level of entrepreneurship? Why do you think that is important? Explain Sweden really, really tries to encourage to encourage business owners. Sweden has a disproportionately high rate of business ownership compared to other developed nations. Business communication, business etiquette, business meeting etiquette, internship and student placements, cost of living, work-life balance, and social media guidelines are all characteristics of Swedish business culture.

11. The economist in the video says Sweden might be the world’s greatest economy; what reasons do you think he gives for saying so? Sweden outperforms the majority of countries in a variety of areas. It is one of the best places to do business, has a high ranking on the Global Competitiveness Index, has low corruption, high innovation, improved gender equality, and is a wonderful place to grow old.

12. Bonus: Name at least one thing that the video cites Sweden is known for other than its social welfare state and economy?