stuðningsríki
Stuðningsríki, often translated as "support state" or "welfare state," refers to a country where the government plays a significant role in providing social protection and economic security for its citizens. This typically involves a comprehensive system of social services funded through taxation. Key features commonly associated with stuðningsríki include universal healthcare, free or heavily subsidized education, unemployment benefits, and pensions.
The concept aims to mitigate the negative effects of market economies, such as poverty, inequality, and economic
Historically, the development of stuðningsríki gained momentum in the post-World War II era, partly as a response