Welfare Models
Gøsta Esping Andersen's three welfare models 1) The universal model (or the Scandinavian model) How much redistribution? A lot. Who gets...
Redistribution of incomes
Ways of redistributing income There are three ways of redistribution income: Progressive taxation, i.e. the higher income you have the...
Tax System and Tax Burden
Importances Terms ⭐ Average rate of taxation = (total amount of paid tax) / (GDP) * 100 ⭐ Horizontal redistribution from one citizen to...
The big and the small economy
Importances Terms ⭐️ Assets are properties than can be sold, e.g. cars and shares. ⭐️ Boom is economic growth ⭐️ Gross Domestic Product...