Iceland

Iceland is an island country located on the North Atlantic Ocean. A virtual no man’s land, the country is geologically a young island, formed some 20 million years ago. The earliest settlers are said to be Irish Monks who settled in 8th Century and moved out later when Norse came in. The only way this can be established is through the writings of Ari Þorgilsson (1067-1148 A.D.) Iceland's medieval chronicler. He authored Íslendingabók, which gives the detailed account of the first settlers of the country.

The first settler is believed to be Ingolfur Arnarson a Norwegian chieftain, who moved with his family in the 874 and set up his farm in Reykjavik, the present capital. They were followed by viking settlers from Scandinavia and Norse colonies in Ireland and Scotland.

So much for Settlements, ill scratch tommorow on the Government formation and early trade and the period from 900 to 1800's.