Iceland is an island in the North Atlantic Ocean just south of the Arctic Circle (figure 1). The island has an area of 103,000km² of which 62% is tundra. The island is located on the Mid-Atlantic ridge and a hotspot resulting in a lot of volcanic activity. Iceland is divided into eight regions and Reykjavík is the capital and largest city. The population is at 306,694 people which 94% being Icelandic (CIA, 2009). Iceland has very little natural resources and the economy has been dependent on the fishing industry. The past ten years the main industries changed to the financial and technology sectors that lead to an economic boom. The growth stopped with the 2008 Icelandic financial crisis.
Iceland was discovered in the mid 9th century by Norsemen and was named by the Viking Flóki. Along with the Norsemen, Scandinavians, Celts, Scottish, and the Irish made the settlements of Iceland in 870AD. The result is the unique Icelandic culture and a homogenous population (figure 2). The Icelander's share genetics and heritage. The similar genetics causes the people to generally look alike, the "fairly homogenous gene pool has produced a country full of tall, blonde, blue-eyed people" (Baginski, 2008) (figure 3). Since the gene pool has remained comparatively the same in the past 35 generations, "the number of genetic causes of disease today reflects that of the smaller founding population" (Dr. Stefansson, 1999). The homogenous population is also reflected in the culture. Iceland ranks number one in gender equality which is based on Economic participation and opportunity, educational attainment, political empowerment, health and survival (Globescope, 2009). There is no class structure.