Great Depression Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Sweden=== {{Main|Economy of Sweden}} By the 1930s, Sweden had what America's ''Life magazine'' called in 1938 the "world's highest standard of living". Sweden was also the first country worldwide to recover completely from the Great Depression. Taking place amid a short-lived government and a less-than-a-decade old Swedish democracy, events such as those surrounding [[Ivar Kreuger]] (who eventually committed suicide) remain infamous in Swedish history. The [[Swedish Social Democratic Party|Social Democrats]] under [[Per Albin Hansson]] formed their first long-lived government in 1932 based on strong [[Interventionism (economics)|interventionist]] and [[welfare state]] policies, monopolizing the office of [[Prime Minister of Sweden|Prime Minister]] until 1976 with the sole and short-lived exception of [[Axel Pehrsson-Bramstorp]]'s "summer cabinet" in 1936. During forty years of hegemony, it was the most successful political party in the history of Western liberal democracy.<ref>[[Göran Therborn]], "A Unique Chapter in the History of Democracy: The Swedish Social Democrats", in K. Misgeld et al. (eds), ''Creating Social Democracy'', University Park, Penn State University Press, 1996.</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page