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Norway: From Vikings to Oil Lottery. Part 1 | The Price of the State

More about the master's degree in IT in the free webinar via the link: https://i.goit.global/Ny8w4 __________ Sign the petition to review the National Revenue Strategy 2024-2030, which will kill business and economy https://petition.kmu.gov.ua/petitions... Norway is known for its stunning natural beauty of fjords and mountains, rich Viking heritage, and modern success marked by high living standards, sustainable practices, and innovations. The country consistently ranks among the top in the world for quality of life, with a comprehensive social protection network that includes universal healthcare and education. In this video, we will explore how Norway became wealthy, how it managed its "oil lottery," and why the country does not have socialism, as many populists claim. For advertising inquiries, write to: [email protected] 🤝Support our work: 💰Buy us coffee - https://www.buymeacoffee.com/costua/m... 💰Become patrons / costua 💰Become a sponsor of this channel to support the creation of new videos: / @costua 💰Card transfer https://secure.wayforpay.com/donate/d... 💰 PayPal: [email protected] (specify "for video") 00:00 Introduction 04:41 History 08:41 Replacement of Danish rule with Swedish 15:19 Economic changes in the 19th century 17:37 Adoption of the Norwegian Constitution 19:56 Fish canning and economic growth 21:36 The Long Depression 24:24 Manufacturing industry 25:30 Path to independence 28:25 World War I 32:12 Interwar period 33:55 World War II 38:13 Post-World War II recovery 42:12 Discovery of oil and gas 46:20 Difference between the state oil and gas company in Norway and Ukraine #economy #history #norway

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