How War Made King Crab Big Business in Norway

The video explores the transformation of Buganis, a Norwegian village, from economic decline due to the collapse of the cod industry to prosperity through the King Crab industry. Initially seen as a threat, King Crab became a lucrative business, especially after sanctions on Russian seafood. The video highlights the economic impact, the role of tourism, sustainable practices, and challenges like illegal trade. It also covers the experiences of local fishermen and the importance of maintaining crab quality.

What event in 1991 led to the economic hardship in Buganis?

• The collapse of the cod population

• A government policy change

• A severe storm

• A natural disaster

How did the King Crab industry in Norway benefit from international events?

• Increased local consumption

• Sanctions on Russian seafood

• Discovery of new fishing grounds

• Technological advancements in fishing

What role does tourism play in the King Crab industry?

• It has no impact

• It provides additional income

• It decreases the demand for crabs

• It leads to overfishing

What is the main reason for the high prices of King Crab?

• Government subsidies

• High demand in local markets

• Limited supply due to quotas

• Expensive fishing equipment

What is one of the main challenges faced by the King Crab industry?

• High operational costs

• Illegal fishing activities

• Decreasing crab population

• Lack of fishing equipment

What measure is taken to ensure the sustainability of the King Crab population?

• Increasing fishing quotas

• Tagging and tracking crabs

• Reducing the number of fishermen

• Banning crab exports

What environmental factor poses a threat to the King Crab industry?

• Increased pollution

• Decreasing sea levels

• Rising sea temperatures

• Frequent storms