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We DO, but your fellow liberals have blocked access to those natural resources.
US natural resources have been exploited for the benefit of private corporations. Norway has exploited hers for the benefit of the country. It is very much a social democratic approach rather than a private enterprise one.
small population...... 4.9 million....smaller than NYC
WHITE RICH population (norway is the second most welthy country in the word)
22% of their GDP is from OIL EXPORTS
very LIMITED immigration
very limited fast/fried food
norway has a MANDITORY MILITARY OBLIGATION (conscript) for 2 years for males....voluntary for females
another key factor:.....The state has large ownership positions in key industrial sectors, such as the strategic petroleum sector (Statoil and Aker Solutions), hydroelectric energy production (Statkraft), aluminium production (Norsk Hydro), the largest Norwegian bank (DnB NOR), and telecommunication provider (Telenor). The government controls approximately 40% of the stock values at the Oslo Stock Exchange. Norway is a major shipping nation and has the world's 6th largest merchant fleet, with 1,412 Norwegian-owned merchant vessels. The country is richly endowed with natural resources including petroleum, hydropower, fish, forests, and minerals. Large reserves of petroleum and natural gas were discovered in the 1960s, which led to a boom in the economy.
btw the list you produced was 2009...they have lost some of revenue for 2010
they made their money through ....CAPITOLISM
The bolded statements are direct contradictions. Sounds to me like Norway is making their money through a mixed economy.
The bolded statements are direct contradictions. Sounds to me like Norway is making their money through a mixed economy.
I agree .... add to that a national consensus on the subject, competent government, honest politicians and a relative lack of special interests and you have a recipe for success.
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