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Norway is a constitutional monarchy, which means they have a king and a prime minister, like the U.K. Norway is a fairly wealthy country, and it has the second highest employment rate in Europe. Norway has a mixed economy. It´s mixed between market economy and planned economy. The economy is very stable, even under the world wide financial cricis. As a matter of fact is Norway one of the most wealthy country in the world per inhabitant.
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∙ 14y ago
Wiki User
∙ 11y agoconstitutional monarchy
The government of Norway is classified as a constitutional monarchy. It is governed by a monarch, a prime minister, who is appointed by the monarch, and a parliament.
Wiki User
∙ 13y agoNorway's economy is based on Natural Resources.
Fish, gas, hydro-electricity, oil and timber dominate it.
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∙ 15y agoParliamentary democracy under constitutional monarchy,
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∙ 11y agoA small economy
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Is Norway a command or market economy?
It is a mixed economy
Is Norway a capitalism state?
Norway has a capitalist economy, it is a democratic state.
Who is richer England or Norway?
England, but if you are asking about the average economy for an inhabitant Norway is richer.
What economy benefits from its location near northern European Union countries?
Norway.
What is the status of Norway?
Norway currently has a very helthy economy. The country has the second lowest unemployment rate in Europe.
Does Australia and Norway have any similarities?
yes they booth have a good economy
Why would fishing be an important part of Norway's economy?
Because Norway has a long coast-line and therefor, the fish is close by and valuable.
Why is fishing so important to the Norway economy?
Fishing is so important to Norway's economy because seafood is their second-largest export. Fish are abundant in Norwegian waters, making them a great source of income for the country.
What type of landform is Norway?
Norway is almost entirely mountainous terrain.
What type of state is Norway?
Norway isn't in any states. It's an independent country.
What is the economics of Norway?
We have a mixed economy, mainly we have a marked economy, but the government supervises it.Or do you mean, how are thing economically in Norway right now? It's good, the norwegian krone (our currency) is record strong despite the world recession.
Natural features in Norway?
type your answer her
