Industrialization of Sweden
During and after World War I, in which Sweden remained neutral, the country benefitted from the world-wide demand for Swedish steel, ball-bearings, wood pulp, and matches.
Post-war prosperity provided the foundations for the social welfare policies characteristic of modern Sweden. Foreign policy concerns in the 1930s centered on Soviet and German expansionism, which stimulated abortive efforts at Nordic defence co-operation. Sweden followed a policy of armed neutrality during World War II and currently remains non-aligned. Sweden became a member of the European Union in 1995.
Sweden during World War II
See also
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