The Economy of the North Pole


This is the arctic, home to a small specialised economic zone that doesn’t technically belong to any established nation on earth as it falls within international waters off the coast of Greenland, Canada Russia, Alaska and the like.

The north pole is an interesting economic case study though primarily because of the incredible economy it is home to.

The north pole is the centre of a surprisingly large industrial centre that produces consumer goods primarily for their enormous export market. The north pole has also been blessed by an abundance of fossil fuels, particularly coal that it also exports to its more hostile trading partners.
This is all great although we have seen manufacturing nations before on this channel but what makes the north pole’s economy truly unique is the incredibly seasonal nature of its industries and its enormous export market.

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