In the US, wages, vacation, healthcare, pension plans and care for the elderly are private arrangements set up by everyone individually (technically). The Nordic model is a collective arrangement, where safety nets are provided by the government, benefits are governed by law and compensation is governed by collective agreements between unions and employers.Most families would provide for their own if it was required, but it's not a scenario most people ever need to consider, even as a backup, as bad luck alone can't put you in that situation, you'd need to actively seek it out.
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