Using Norway's oil industry as an example, it is possible to finance large and profitable investment without:
A) risk to investors.
B) government interference.
C) large initial consumption sacrifices.
D) service payments on debt or repayment of principal.

Question

Quizplus · Accepted Answer

Norway was able to build its oil industry without making large initial consumption sacrifices by using the income from the production and sale of oil to fund investments in other industries, such as education and healthcare. This allowed for sustainable economic growth without burdening the population with immediate consumption sacrifices or requiring government interference. However, there is still some risk to investors and service payments on debt or repayment of principal may be necessary depending on the specific investments made.

Using Norway's Oil Industry as an Example, It Is Possible