Yes there are lots of mountains in Iceland.
Yes
No. Iceland is built up from numerous volcanic mountains.
If you mean the name then before it was named Iceland it was called Snæland (Snowland (some dude saw snow in the mountains and thought it was a good idea)) Iceland was only named Iceland because someone saw some ice floating in sea when they arrived. Iceland is not covered with snow and ice and there for it is not an "ice" land
the mountain in ice land wicht is the lagest is kerlingarfjoll
blue for mountains. white for ice. red for fire.
Reykjavik, Iceland is known for having a volcano, which has erupted in recent history. There are also islands, glaciers, mountains, rivers and valleys.
Iceland can use hydroelectricity because of its several mountains. This allows water to flow making streams and rivers ideal for hydroelectricity to be used.
Some important products of iceland, are sheep wool rugs, and weoven sweaters. Some other products of Iceland are fish.
Iceland has about 130 volcanic mountains. About 18 have been active since human settlement. The related link below shows you where these active volcanoes are. Into Google Search type "List of volcanoes in Iceland"
EyjafjallajökullBárdarbunga grimsvótnheklakatlalakisurtseythese are some names of volcanoes in Iceland.
The only city in Iceland is Reykjavik.