In Iceland, the means of producing and distributing goods and services are primarily owned by private individuals and companies. However, the government also plays a significant role in certain sectors, such as healthcare, education, and energy. Additionally, cooperatives and non-profit organizations also contribute to the production and distribution of goods and services in the country.
In Iceland, the means of producing and distributing goods and services are primarily owned by private individuals and companies. However, it's worth noting that the government also plays a significant role in certain sectors, such as energy, healthcare, and transportation. Furthermore, cooperatives and public entities also exist in specific industries. Overall, Iceland operates under a mixed economy system, combining elements of both capitalism and social welfare.
