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Alstin: Difference between revisions
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The United Republic has a capitalist mixed economy, which is fueled by abundant natural resources and high productivity. With a nominal GDP of $5.53 trillion, the private sector is estimated to constitute 76% of the economy, with federal government activity accounting for 9.8% and provincial and local activity (including federal transfers) the remaining 14.2%. Unemployment is at 2.78%, in spite of the amount of employment regulations throughout the country. | The United Republic has a capitalist mixed economy, which is fueled by abundant natural resources and high productivity. With a nominal GDP of $5.53 trillion, the private sector is estimated to constitute 76% of the economy, with federal government activity accounting for 9.8% and provincial and local activity (including federal transfers) the remaining 14.2%. Unemployment is at 2.78%, in spite of the amount of employment regulations throughout the country. | ||
Alstin is one of the world's largest exporter of goods, with a trade surplus of {INSERT SURPLUS HERE}. [[ | Alstin is one of the world's largest exporter of goods, with a trade surplus of {INSERT SURPLUS HERE}. [[Cartadania]], [[Corumm]], and [[The Cape]] are three of Alstin's largest trading partners. | ||
Information technology is currently the nation's largest industry, followed by tourism, arms manufacturing, and book publishing. Mining, agriculture, and other facets of the manufacturing sector are other important drivers of the Alstinian economy. | Information technology is currently the nation's largest industry, followed by tourism, arms manufacturing, and book publishing. Mining, agriculture, and other facets of the manufacturing sector are other important drivers of the Alstinian economy. | ||
===Science and Technology=== | ===Science and Technology=== | ||
The United Republic is considered to be one of the world's most technologically-advanced countries. It is considered to be on par with [[Urcea]] and [[Caphiria]], as it has been a leader in technological innovation since the early 19th century and scientific research since the early-20th century. Methods for producing interchangeable parts were developed by the U.R. Ministry of Defense by the Republic Armories during the first half of the 19th century. This technology, along with the establishment of a machine tool industry, enabled Alstin to have large-scale manufacturing of sewing machines, bicycles, and other items in the late 19th century and became known as the Alstinian system of manufacturing. Factory electrification in the early 20th century and introduction of the assembly line and other labor-saving techniques created the system of mass production. In the 21st century, approximately two-thirds of research and development funding comes from the private sector. Alstin leads the world in scientific research papers and impact factor. | The United Republic is considered to be one of the world's most technologically-advanced countries. It is considered to be on par with [[Urcea]] and [[Caphiria]], as it has been a leader in technological innovation since the early 19th century and scientific research since the early-20th century. Methods for producing interchangeable parts were developed by the U.R. Ministry of Defense by the Republic Armories during the first half of the 19th century. This technology, along with the establishment of a machine tool industry, enabled Alstin to have large-scale manufacturing of sewing machines, bicycles, and other items in the late 19th century and became known as the Alstinian system of manufacturing. Factory electrification in the early 20th century and introduction of the assembly line and other labor-saving techniques created the system of mass production. In the 21st century, approximately two-thirds of research and development funding comes from the private sector. Alstin leads the world in scientific research papers and impact factor. | ||