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by New jacobland. . 6 reads.

[TWI] New Jacobland Economy

New Jacobland is a developing economy, heavily reliant on copper and nickel mining and the related Electrical industry. These industries make up 60% of the economy, and employ 70% of the workforce. New Jacobland has an overall GDP of $335 billion, with a GDP per capita of $13,673. The tax rate is currently 35%, giving the government a budget of $117.25 billion.

Key Industries:

Primary:

Copper: There are massive copper reserves in the Palo, which have been used for millenia. The copper industry employs more than half of Palo's workforce, and directly supplies Kiyer's Electrical industry. Copper makes up 20% of New Jacobland's economy.

Nickel: A relatively recent industry, it taps the Kiyer Range's nickel reserves. These reserves are not as vast as the copper industry, but are significant. Nickel makes up 8% of New Jacobland's economy.

Iron: There are small iron deposits in New Jacobland, but nowhere near the scale of nickel or copper. Iron makes up 1.5% of the economy.

Other: New Jacobland has many small deposits of other minerals, but these make up a negligible portion of the economy. Other minerals make up 2% of the economy.

Agriculture: Another key industry in the Palo. It employs a third of the Palo workforce, and makes up 15% of the economy.

Secondary:

Electrical: The electrical industry is vital to the New Jacobland economy. NJ electrical has a competitive advantage, as many resources needed are found in NJ. It makes up 28% of the economy.

Arms Manufacturing: New Jacobland has in modern times attempted to achieve autarky for weaponry. So far it hasn't been successful, but this thriving industry continues to grow. It makes up 10% of the economy.

Furniture: New Jacobland is renowned for quality furniture. It makes up 6% of the economy.

Other: There are other small industries, but these do not make much of an impact on the economy. Total: 0.5%

Tertiary

Real Estate: Real Estate makes up 4% of the GDP.

Other: Other tertiary industries make up 5% of the GDP.

New jacobland

Edited:

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