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New Archduchy: Difference between revisions
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==Economy== | ==Economy== | ||
New Archduchy is characterized as having one of the least regulated economies in the world and serves as a popular {{wp|tax haven}} for [[Levantia|Levantine]], [[Sarpedon|Sarpedonian]], and [[Crona|Cronan]] nations. Its economy is characterized by tourism, an emergent technology services sector, and maritime trade, with fishing also serving as a major industry. The Republic has very well developed transportation infrastructure including modern ports. Much of its energy comes from offshore renewables, an industry which sprung up in the Republic during the late 1990s. | New Archduchy is characterized as having one of the least regulated economies in the world and serves as a popular {{wp|tax haven}} for [[Levantia|Levantine]], [[Sarpedon|Sarpedonian]], and [[Crona|Cronan]] nations. Its economy is characterized by tourism, an emergent technology services sector, and maritime trade, with fishing also serving as a major industry. The Republic has very well developed transportation infrastructure including modern ports, and significant economic activity is generated due to Adriansville's ports serving as the primary export and import port for eastern [[Arcerion]]. Much of its energy comes from offshore renewables, an industry which sprung up in the Republic during the late 1990s. | ||
Adriansville is the economic center of New Archduchy, and most of the nation's economy is either driven by that city or exists as housing and infrastructure in service of the city. | Adriansville is the economic center of New Archduchy, and most of the nation's economy is either driven by that city or exists as housing and infrastructure in service of the city. The city is one of the major economic hubs in southeastern [[Crona]], and its economic footprint significantly extends into northeastern [[Arcerion]]. The Arcer-Adriansville Economic Corridor, as it is officially designated, is an integrated cross-national economic region. Adriansville historically served as the major port for exports for farm products originating in the Arcer interior, and since the 20th century a degree of suburbanization has developed on the Arcer side of the border, expanding the retail and other service-sector economic footprint of Adriansville. | ||
New Archduchy's tourism industry was present since the dawn of ocean-liners, but became significantly more prevalent during the [[Occidental Cold War]]. Citizens of [[Caphiria]] who sought to experience [[Urcea]]n and [[Levantia|Levantine]] culture often traveled to New Archduchy due to prohibitions on business with Urcea. Although the Cold War ended in the 1980s, Caphirians remain the largest source of tourism activity within the country. | |||
New Archduchy initially had a [[Guilds (Urcea)|guild system]] similar to [[Urcea]], but it was gradually weakened under the 1892 Constitution before its abolition in [[1920]]. | New Archduchy initially had a [[Guilds (Urcea)|guild system]] similar to [[Urcea]], but it was gradually weakened under the 1892 Constitution before its abolition in [[1920]]. | ||