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  • The Nordic state of Denmark is consistently ranked high in measures of happiness and quality

  • of life, but Danes pay high taxes to enjoy such a standard of living.

  • So as a whole, how powerful is Denmark?

  • As the smallest and southernmost of the Nordic countries, The Kingdom of Denmark covers roughly

  • 16,500 square miles, surrounded by Germany, Sweden, Norway, and the United Kingdom.

  • The country is very homogeneous, with nearly 90 percent of its roughly five and a half

  • million people being ethnically Danish.

  • Denmark has a mixed economy -- it produces high-tech exports in a highly industrialized

  • market and relies heavily on foreign trade.

  • Denmark is one of nine European Union countries that has not adopted the euro, per an agreement

  • to opt out of the currency from 1993.

  • Nonetheless, Denmark enjoys a stable currency and a GDP of roughly $300 billion dollars

  • with a focus on high-tech agriculture, maritime shipping, renewable energy and exports in

  • food, oil and gas.

  • Once a country that relied almost solely on imported oil, Denmark reportedly now uses

  • its own fossil fuels more efficiently than anywhere else in the world.

  • It was the first country to build offshore wind farms, and it ranked first in The World

  • Energy Council’s 2016 global sustainable energy index.

  • Denmark is also a model of equality and social welfare: the government is known for equitable

  • distribution of income, promoting a high standard of living.

  • Danes get free or heavily subsidized health care, free education, and work compensation

  • when theyre out sick or on parental leave.

  • But these benefits come at a high price: Danes are heavily taxed,.

  • Today, for the highest earners, the average income tax is nearly 56 percent, but in the

  • past two decades, it has risen higher than 60 percent.

  • Militarily, Denmark is less powerful than its Scandinavian neighbors Norway and Sweden,

  • though it maintains more military reserves than both of these countries individually,

  • although it spends several billion dollars less than each on defense.

  • With nearly 90,000 defense personnel, Denmark ranks 50th out of 126 worldwide.

  • It is, distinctively, the only Nordic country which is both a member of the EU and NATO.

  • As a member of NATO, Denmark hold strong relations with world powers like the United States.

  • Since 2002, Denmark has continuously been involved in wars and interventions in the

  • Middle East including the fight against ISIS.

  • Like many European nations, Denmark is experiencing social and political change.

  • The country has seen a steady rise in right wing nationalism, especially following the

  • backlash against the publication of an inflammatory cartoon depicting Islam’s prophet unfavorably

  • in 2005.

  • While some called it blasphemy, others called it free speech, rousing debate on the subject

  • worldwide.

  • More recently, Denmark has taken a hardline against the migrant crisis, passing several

  • bills to limit the number of asylum seekers in the country.

  • In early 2016, the United Nations condemned the country’s proposed anti-migrant measures

  • including one that would allow police to seize the assets of asylum seekers.

  • But while Denmark is struggling to deal with the crisis, its citizens seem more open to

  • accepting asylum seekers than its government.

  • Despite a rise in right-wing sentiment, the country continues to pride itself on its history

  • of compassion.

  • For its population, if quality of life is any indicator, Denmark stands as a powerful

  • nation.

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  • Denmark is one of several countries to implement socialism as part of their economic process,

  • creating a social safety net, while also encouraging private businesses.

  • Many have pointed to this as the reason for their regularly high marks in economy and

  • standard of living, but is Denmark really a socialist utopia?

  • find out in this video.

  • Well, social democracy is a limited form of socialism.

  • It differs from outright socialism in that workers do not own the means of production.

  • Under such a system, sometimes referred to as the "Nordic model," businesses are not

  • nationalized and private competitio is encouraged.

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The Nordic state of Denmark is consistently ranked high in measures of happiness and quality

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