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The Cape: Difference between revisions
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The Cape has a {{wp|social market economy}} with a skilled labour force and a low level of corruption. It is among the most developed economies in [[Crona]], having experienced rapid GDP growth in the mid-1990s as a function of foreign investment following political reform. The nation’s GDP growth has now slowed to approximately 5% annually, with the country’s {{wp|tertiary sector}} now fuelling growth in comparison to its {{wp|primary sector|primary}} and {{wp|secondary sector}}s. The country’s {{wp|mixed economy}} has ranked highly in economic freedom since democratization and features an “above average” {{wp|household disposable income}} in the Eastern Hemisphere. The Cape is a party to a variety of free-trade and customs agreements, most prominently with [[Faneria]] and [[Kiravia]]. The [[Cape Town Stock Exchange]] is the largest in Crona by {{wp|market capitalization}}. | The Cape has a {{wp|social market economy}} with a skilled labour force and a low level of corruption. It is among the most developed economies in [[Crona]], having experienced rapid GDP growth in the mid-1990s as a function of foreign investment following political reform. The nation’s GDP growth has now slowed to approximately 5% annually, with the country’s {{wp|tertiary sector}} now fuelling growth in comparison to its {{wp|primary sector|primary}} and {{wp|secondary sector}}s. The country’s {{wp|mixed economy}} has ranked highly in economic freedom since democratization and features an “above average” {{wp|household disposable income}} in the Eastern Hemisphere. The Cape is a party to a variety of free-trade and customs agreements, most prominently with [[Faneria]] and [[Kiravia]]. The [[Cape Town Stock Exchange]] is the largest in Crona by {{wp|market capitalization}}. | ||
The {{wp|state-owned enterprise}}s that once dominated the Capetian economy were transferred into worker-ownership throughout the 2000s, with the economy today primarily composed of these large {{wp|cooperative}}s and a burgeoning private sector. Of these cooperatives, [[Cape Automotive Corporation]] and [[ | The {{wp|state-owned enterprise}}s that once dominated the Capetian economy were transferred into worker-ownership throughout the 2000s, with the economy today primarily composed of these large {{wp|cooperative}}s and a burgeoning private sector. Of these cooperatives, [[National Oil]], [[Cape Automotive Corporation]], and [[Republic Bank]] rank as the largest and most internationally prominent - leading the Cape’s primary, secondary, and tertiary sectors respectively. Other former state-owned cooperatives continue to dominate the country’s {{wp|primary sector|primary}} and {{wp|secondary sector|secondary sectors}}, while newly-established cooperatives and private businesses largely comprise the {{wp|tertiary sector}}. | ||
With a long tradition as a coastal nation between [[Alshar]] and the Occident, and in control of the Songun Straits, the Cape is a hub for shipping in both the Odeneru and Cathay Oceans. The [[Port of Cape Town]] is located along the intersection of two of the most busiest shipping routes in the world. | With a long tradition as a coastal nation between [[Alshar]] and the Occident, and in control of the Songun Straits, the Cape is a hub for shipping in both the Odeneru and Cathay Oceans. The [[Port of Cape Town]] is located along the intersection of two of the most busiest shipping routes in the world. | ||