This article is from the Nordic countries FAQ, by Antti Lahelma and Johan Olofsson, with numerous contributions by others.
Sweden's most valuable assets are forests, mines (especially iron, but
copper has also been important), and in modern days hydroelectric power. The
metallurgic industry was started in the 16th and 17th centuries, and through
the ages Sweden has been known as one of the biggest iron exporters in the
world. A mechanical industry came with the industrial revolution in the 19th
Century, and Swedish products such as steel (Sandvik), paper (SCA and
others), cars (Volvo and Saab), ball bearings (SKF), electrical equipment
(ASEA, now ABB), telephone equipment (Ericsson) have become well known.
 
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