Military history of Norway which point the kingdom of Norway reached its largest territorial extent. In 1295, Magnus VI of Norway forged an alliance with France and Scotland against England, whereby Norway undertook to supply the King of France with 300 ships and 50 000 troops. It is clear that Norway could not have the manpower to fulfill the terms of this treaty, however, it was never put to the test. In 1299, King Haakon V of Norway took the throne, and moved the capital of the country to Oslo. Haakon led an active foreign policy, aimed at increasing Norway's influence in Scandinavia. These
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