Velferð
Velferð, a term originating from the Icelandic language, translates to "welfare" in English. It encompasses a broad range of policies, programs, and services designed to promote the well-being of individuals and communities. The concept of velferð is deeply rooted in the Nordic model of social democracy, which emphasizes the importance of collective responsibility and social solidarity.
In Iceland, velferð is a cornerstone of the country's social policy framework. It aims to ensure that
The velferð system in Iceland is funded through progressive taxation, where higher-income individuals contribute a larger
One of the key aspects of velferð is its focus on prevention and early intervention. By providing
In summary, velferð is a comprehensive and inclusive approach to welfare that prioritizes the well-being of