The Role of Industry and Impact on the Economy
- Unlike companies elsewhere, many Finnish companies pushed to keep teaching and learning open to new ideas and creativity. From 1993 when Finnish schools were mediocre and unemployment was high, the schools and the economy have both enjoyed rises to the top as highly educated people are essential for success in today’s knowledge-based economy. Finland also spends 4% of its GDP on research and development, which is about twice the average for other developed countries. At the same time, the quality of welfare services is high and income inequality is very low. Finland was the first country to make broadband internet connection a human right for everybody.
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