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However, a section of the population did not benefit from North Sea oil and still experiences poverty and deprivation.
Many work offshore on the North Sea platforms and commute for shifts of two weeks or so by helicopter, which are conspicuous in the city's skies.
Aberdeen does not attract as many tourists as other Scottish destinations such as Edinburgh or St Andrews, and can feel more authentic.
It is a great place to stop for a couple of days on a tour of Scotland, and especially good as a base for exploring the wider region to take advantage of the castles, golf, whisky distilleries, scenery, mountains (including skiing and snowboarding), coast and other attractions in Aberdeenshire and Royal Deeside.
Aberdeen also boasts the title of Oil Capital of Europe and has been voted in several polls as the happiest place in Britain, with a 2006 poll citing access to large areas of greenery and community spirit.
It has won the Britain in Bloom competition 10 times.
The mediaeval buildings had been made of wood, and following several disastrous fires, the city's leaders resolved to rebuild only in stone.