Counties of Norway Counties of Norway Norway is divided into 18 administrative regions, called counties (singular , plural (Bokmål) / "fylke" (Nynorsk) from Old Norse: "fylki" from the word "folk"); until 1918, they were known as "amter". The counties form the first-level subdivisions of Norway and are further divided into 422 municipalities ("kommune", pl. "kommuner" / "kommunar"). The island territories of Svalbard and Jan Mayen are outside the county division and ruled directly at the national level. The capital Oslo is considered both a county and a municipality. In 2017 the government decided to abolish the current counties and to replace them with
Organic composition of capital theory of the rising organic composition of capital. It is difficult to find industries where the "secular" historical trend is one of an increase in the share of wages in the total capital outlay. Generally, the opposite is the case. However, it has been argued that the value of physical capital is notoriously difficult to measure empirically in an accurate way; and statistical time-series for economic variables over long periods are also susceptible to errors and distortions. The owners of a business may not even know exactly what the physical assets they use are currently worth, or what their business