The Danish economy is characterized by a high standard of living and a strong welfare state. It operates on a mixed economy model, combining free market principles with significant government intervention. Key sectors include manufacturing, services, and agriculture, with a focus on innovation and sustainability. Denmark has a low unemployment rate and a high level of labor force participation. The country is known for its strong emphasis on green energy and renewable resources, making it a leader in environmental sustainability. Additionally, Denmark's currency is the Danish krone, which is managed by the Danish central bank.