Examlex
Which of the following statements differentiates social democratic welfare systems, as in Scandinavia, from other models practiced in Europe?
Economic Efficiency
A condition where resources are allocated in a way that maximizes the net benefit to society.
Runs Out
A situation where a supply or quantity of something is completely used up or exhausted.
Next Century
A future period of 100 years, used to forecast or plan long-term visions or developments.
Economic Viability
The ability of an entity or activity to sustain itself financially over the long term.
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