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By the late 19th century, Sweden saw the rise of major industries and companies. Steel production became increasingly important as new technologies like the Bessemer process were introduced, allowing Sweden to refine its iron ore into high-quality steel, which became a key export. Companies like SKF, a leading producer of ball bearings, and ...
During the period 1790-1815 Sweden experienced two parallel economic movements: an agricultural revolution with larger agricultural estates (land reclamation - Enclosure Act of Sweden), [4] the crown transferring areas to private farmers, new crops and farming tools and a commercialization of farming, and a protoindustrialisation, with small industries being established in the countryside and ...
Sweden's investment into research and development stood, in 2007, at over 3.5% of GDP. This is considerably higher than that of a number of MEDCs, including the United States, and is the largest among the OECD members. [56] Sweden rejected the Euro in a referendum in 2003, and Sweden maintains its own currency, the Swedish krona (SEK).
The history of Sweden can be traced back to the melting of the Northern Polar Ice Caps.From as early as 12000 BC, humans have inhabited this area. Throughout the Stone Age, between 8000 BC and 6000 BC, early inhabitants used stone-crafting methods to make tools and weapons for hunting, gathering and fishing as means of survival. [1]
Category: Industry in Sweden. ... Industrial history of Sweden (2 C, 8 P) M. Manufacturing in Sweden (3 C) Mining in Sweden (5 C, 8 P) Industry museums in Sweden (14 ...
The mining industry in Sweden has a history dating back 6,000 years. [ citation needed ] Historically, Sweden 's most famous mine is the copper Falun Mine in Dalarna , which made a significant contribution to the Swedish economy for several centuries.
Pages in category "Industrial history of Sweden" The following 8 pages are in this category, out of 8 total. This list may not reflect recent changes. C.
Sweden's engineering sector accounts for 50% of output and exports, while telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Sweden is the ninth-largest arms exporter in the world. Agriculture accounts for 2% of GDP and employment. The country ranks among the highest for telephone and ...