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Economically, Finland has evolved from a historically poor nation to one that emphasizes innovation and technology. The country’s journey from dependence on natural resources—like wood and water—to a knowledge-based economy illustrates resilience and adaptability. After navigating through economic challenges following the fall of the Soviet Union, Finland embraced innovation, giving rise to tech giants like Nokia and contributing to digital advances like Linux and the SMS platform.
Although Finland does not enjoy the same oil-based wealth as some of its Nordic neighbors, its model prioritizes investments in education, healthcare, and public welfare, providing citizens with a safety net.