How do I write about the economy in my nation?

[Nioya]

I've wanted to write about my nations economy for a while but I just don't know how. I want it to be a social democracy transitioning to a democratic socialist one. I've really wanted to write about economic policy but haven't been able to in a coherent way. But also I'd like to add a bit about the climate and available resources.

I'd like some help from anyone willing to offer it.

[Laeden]

Hi buddy. I'm facing the same problem myself. I'll share with you the thoughts I've come up with so far.

> Give an introduction on your nation's economy, pointing out its major industries and trade partners.

> Develop the nation's history, making a connection with its economy and how one affected the other through time.

> Connect your economy with your geography. Are you a landlocked nation or a seafaring one? Are you a militarist dictatorship that focuses on arms production to invade its neighbours or a breadbasket country that benefits from its extremely fertile soil? Are you a rocky nation, with long mountain ranges, that is rich in mineral resources or are you a tropical paradise that lives off of tourism?

> Try to make a correlation between your nation's economy and your nation's culture. For instance, A heavily industrialized nation implies the existance of a large working class of urban workers, that might form unions and support socialist or left-wing policies. A agricultural nation with a strong monarchy might have nobles as an actual social class. The possibilities are endless.

> If you want to delve even more on hard economic topics, try to think of your nation's unemployment levels, its inflation, its currency. Try to think of common goods, such as a can of coke or a cellphone, and find out how much would it cost in your nation.

[The Union of British North America]

Also, try to compare to real-life nations with those suggestions in mind.

Nordic countries for social democracy, Anglophone countries for free(r) market economies, Germany, France, and Japan for social market/dirgisme, USSR and China for planned economies that had or have state capitalism.

Some Eastern Bloc countries had some interesting variants on socialism, such as Yugoslavia that embraced aspects of market socialism.

[Radictistan]

Is your country self-sufficient in the basic food crops?

If your country is industrialized, does it tend more towards heavy industry (steel, shipbuilding, and the like) or light industry (consumer goods, textiles, food processing, etc)?

If your country is industrialized, did it become so to export or based on domestic consumption?

Are certain sectors of the economy subsidized? If so, which ones?

How big are farms generally? Who owns them: the people who work them? Local elites? Absentee landlords?

What mineral resources does your country have? Where do you get your oil?

Does your country have a judicial system that delivers fair and consistent decisions in a timely manner?

Is your country democratic and politically stable?

Does your country have good schools? What topics do they emphasize?

Does your culture respect entrepreneurs? Engineers? Scientists?

[New Goldman]

Here's what I did:

1. Identify your country's ideology and the way they approach Economics. Is your nation full on Capitalist and earns money for monopoly business exploitation the people and funds national projects, or is your nation Communist and earns money through Business Subsidizations and purging rich men of their wealth distributes them to the people? Identifying your country's political identity is an important part in identifying your economical situation.

2. Look at the possible history in economics your nation has faced in the past. History plays a part as well. In my nation, Mark the Protector's successful Bell Reforms is what made New Goldman bloom economically in our start. Did your nation experience something similar to this? Or was your economy very bad and at an all time low and is still not managed? As the saying by the Emperor states: "The Past is Learned in the Present, and Is Remembered In the Future."

3. Observe your people and the ones of government. What does your people want anyway? What are the visions of the politicians involved in running the country? Do they striver for an all capitalist and democratic state? Or do they want a communist utopia? This is linked to #1 in some form.

4. Tally your national resources. An economy is nothing without resources. What does mother nature in your country offer to you? Metals? Barks? Natural Foods? In New Goldman, we mostly have metals here in which we use to make weapons and other materials. Like someone else stated, your geographical location will determine natural resources available to you.