The government type of Sweden is a parliamentary representative democratic constitutional monarchy featured with multi-party system.
Under this political system, the executive power is exercised by the government, headed by the Prime Minister. However, the legislative power is vested in both the government as well as the parliament. And, the Judiciary is independent. The economy of the country is of mixed type that depends upon various sectors including industries, manufacturing, services, exports and trades, agriculture, hydro-power, mining etc.
Common Name. Bordering Countries. Finland Norway. Calling Code. Sweden Krona. Modern Sweden comes from the Kalmar Union, founded in The country was unified in the sixteenth century by King Gustav Vasa. In the seventeenth century, Sweden conquered new territories and formed a colonial empire.
However, most of these territories will have to be abandoned in the eighteenth century. At the beginning of the nineteenth century Finland and other territories were lost. After its last war in , Sweden experienced peace, adopting a policy of non-alignment in time of peace and neutrality in time of war. Sweden has been in the European Union since , but not in the euro area. According to the Democracy Index of The Economist Group, Sweden is one of the most democratic countries in the world first in , third in behind Norway and Iceland.
In addition, on December 31, , she received the Excellence Award best-known country. For thousands of years, they were hunters and gatherers and in the first centuries A. The name Sweden comes from the warlike Svea tribe that became powerful around A. Swedes call their land Sverige, which means "land of the Svea.
The Svea began to make raids along the coasts of northern Europe and became known as Vikings, which means "pirate" in an old Norse language. Some Swedish Vikings often stole from the people they raided and settled in their lands. Others became rich by trading goods and slaves. Sweden elected kings until , when the parliament changed the rules. The crown was then passed on to the king's descendents. King Gustav IV was forced to give up his throne when he and his allies lost Finland to Napoleon's allies in During its history, Sweden ruled both Finland and Norway.
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