Social democracy is a political ideology that seeks to balance individual freedoms with social justice. It advocates for a mixed economy, combining elements of capitalism with strong social welfare programs. This approach aims to reduce inequality and provide essential services like healthcare and education to all citizens, ensuring a fairer distribution of resources. In social democracies, governments typically play a significant role in regulating the economy and protecting workers' rights. Countries like Sweden and Norway are often cited as examples, where policies promote both economic growth and social equity, fostering a high standard of living for their populations.