The Scandinavian countries first established strong welfare states in the 1920s and 1930s. Benefits for the middle as well as lower classes became lavish, and Social Democrats raised income taxes until they became the world's highest. Despite this, Norway (and the rest of Scandinavia) retained private enterprise. Unlike France, England, and Germany, Scandinavian states owned and ran very few companies other than public utilities and railroads. Across Scandinavia the major sompanies like Saab, Ericsson, Nokia, and Volvo have always belonged to stockholders. | The Scandinavian countries first established strong welfare states in the 1920s and 1930s. Benefits for the middle as well as lower classes became lavish, and Social Democrats raised income taxes until they became the world's highest. Despite this, Norway (and the rest of Scandinavia) retained private enterprise. Unlike France, England, and Germany, Scandinavian states owned and ran very few companies other than public utilities and railroads. Across Scandinavia the major sompanies like Saab, Ericsson, Nokia, and Volvo have always belonged to stockholders. |