What does nordic model mean?

Definitions for nordic model
nordic mod·el

This dictionary definitions page includes all the possible meanings, example usage and translations of the word nordic model.

Wikipedia

  1. Nordic model

    The Nordic model comprises the economic and social policies as well as typical cultural practices common to the Nordic countries (Denmark, Iceland, Finland, Norway and Sweden). This includes a comprehensive welfare state and multi-level collective bargaining, with a high percentage of the workforce unionised and a large percentage of the population employed by the public sector (roughly 30% of the work force). The Nordic model began to gain attention after World War II.The Scandinavian countries were all monarchies, with Finland and Iceland becoming republics in the 20th century. Currently, the Nordic countries have been described as being highly democratic. Although there are significant differences among the Nordic countries, they all have some common traits. These include support for a universalist welfare state aimed specifically at enhancing individual autonomy and promoting social mobility; a corporatist system involving a tripartite arrangement where representatives of labour and employers negotiate wages and labour market policy mediated by the government; and a commitment to private ownership (with some caveats) within a mixed economy.Each of the Nordic countries has its own economic and social models, sometimes with large differences from its neighbours. As of 2018, all of the Nordic countries rank highly on the inequality-adjusted HDI and the Global Peace Index. In 2019, all five of the Nordic countries ranked in the top 10 on the World Happiness Report.

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Numerology

  1. Chaldean Numerology

    The numerical value of nordic model in Chaldean Numerology is: 9

  2. Pythagorean Numerology

    The numerical value of nordic model in Pythagorean Numerology is: 4

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"nordic model." Definitions.net. STANDS4 LLC, 2025. Web. 5 Jan. 2025. <https://www.definitions.net/definition/nordic+model>.

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