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Iceland is located near the North Pole, so it has a very cold climate. However, this country is located on the Atlantic volcanic belt, so there are many volcanoes, hot springs and huge geothermal resources. Iceland also has a lot of glaciers. Thanks to the nearby Gulf Stream, Iceland's climate is a bit milder. Iceland's history begins in 874, when a Norwegian captain named Ingólfur Arnarson discovered the island. Over the next century, Norwegians and Celts settled in Iceland. The country was part of Norway and Denmark from 1262 to 1944. After gaining independence, the national economy flourished, along with the best social welfare system. world. The country ranks 5th in the world in terms of per capita income, and 1st in the world on the human development index (HDI). With a market economy, Iceland has well-developed industrial and financial services sectors. Due to possessing many unique natural landscapes, Iceland increasingly attracts international tourists. Iceland is a member of organ
