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DispatchFactbookEconomy

by The Most Serene Republic of Notkerswabeteraschenland. . 3 reads.

An Archipelago's Economy

Being an island chain, Notkerswabeteraschenland has a fairly small economy. Most of the total GDP is accrued from the fishing sector, as well as traditional industries like basket-weaving. In recent years, the cheap yet humane labor in Notkerswabeteraschenland have lead to massive growth in the manufacturing sector, specifically cars. The automotive industry's largest company, GKK (Gerhardt Kraftwagen und Kraftrad) is the largest single corporation in Notkerswabeteraschenland. GKK cars have a reputation for being cheap and plentiful, without necessarily needing extensive maintenance to run for long periods. GKK is followed closely by NMTK (Notkerswabeteraschenland Militärtechnik Kooperative), a state-sponsored defense contractor who manufactures a majority of the nation's domestic military hardware. The tourism sector is also a massive part of Notkerswabeteraschenland's economy, comprising a fairly large sum of the GDP. The Department of Tourism's total budget rivals that of even even education- ensuring plenty of resources are allocated to welcome new guests/customers into the nation.

Despite recent corporate expansions and experiments with furthering capitalism; Notkerswabeteraschenland's liberal welfare policies and strong social security system makes life easier for the hard working populace. Georgist land value tax policies keep the wealth gap slim between the factory workers and the factory owners, ensuring that the typical upper classman is only worth about 3 or 5 of his subordinates on average. The same tax keeps private land used, with low-rent, high density housing in the inner city able to provide residence for even the most destitute of citizens.

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