The Republic of Brickston - Economy, State & Society

[Brickston]

This three-part article will delve deep into the Briekish state, economy and society.

[Brickston]

Economy

The economy of Brickston is one of the world's most advanced and highly-developed free-market economies, with strategic state-ownership in certain areas. The country has shown robust growth since the 1970s. The country has a very high standard of living compared to the rest of the world. Brickston has low and flat taxes, one of the only few countries to have this. The vast majority of Briekish enterprises are privately owned and market-oriented. State ownership as a percentage of GDP accounts for 7%.

Financial capital of Brickston, Himmeruckend-Central

Alongside the business-friendly reputation for global and local privately held companies and public companies, various national state-owned enterprises play a substantial role in Brickston's economy.

Of the world's 500 largest stock-market-listed companies measured by revenue in 2010, the Fortune Global 500, 12 are headquartered in Brickston. As a developed country with a skilled labour force, the majority of Briekish exports are precision or 'high-tech' finished products and natural resources such as gold and uranium.

In 2022, the financial sector comprised an estimated 11.8% of Brickston's GDP and employed approximately 396,000 people (176,000 of whom work in the banking sector); this represents about 2.3% of the total Briekish workforce.

Agriculture

Agriculture makes up 4% of Brickston's GDP. Although only 23% of Brickston's land is arable, Brickston has one of the highest yields per unit area in the world. This makes it self-sufficient in agricultural produce.

Industry

Industry and construction accounted for 30.7% of the gross domestic product in 2017 and employed 24.2% of the workforce. Brickston excels in the production of automobiles, machinery, electrical equipment and chemicals. Brickston manufactures over 4 million vehicles in a year. Briekish automotive industries are very prominent in Europe.

Services

The service sector makes up 65.3% of the Briekish economy. Domestic and international travel and tourism combined directly contribute over 43.2 billion eurosto the Briekish GDP. Including indirect and induced impacts, the industry supports 2 million jobs. Banking, insurance, real estate, retailing, transportation, and telecommunications are all major industries.

Banking

National stability and free markets have fostered a stable environment in which the banking sector was able to develop and thrive. Today, there are over 34 banking organisations.

Workforce

Brickston has one of the most skilled workforces in the world, with over 73% of the Briekish adult population between 18 and 74 having a degree of some kind.

Prior to Maduro rule

In the 1600s, Brickston was divided into several kingdoms. These kingdoms were eventually unified by the dominant Prussian-Briekish identity, which established the Kingdom of Brickland. During these times, Brickston was primarily an agrarian economy, relying mostly on farmers and small landowners. Income distribution was deeply divided between the elites [royalty, church], and the peasants.

The wave of middle classes in the 1800s, which occurred relatively slower compared to the rest of Europe, demanded the end of the monarchy and the establishment of liberal democracy. The Furtyr who was offered the crown on these terms, Friedrich Mallowich, declined. This resulted in the violent revolt of Brownhill. Since then, the economy of Brickston, already in a dreadful state, declined even more.

At the beginning of the 20th century, a revolt was finally successful and a very chaotic democracy was established. Although it was a democracy, there were no clear policies set. During this period, Brickston was lagging behind in industrialisation by many many years compared to the rest of Europe.

Maduro

The rise of communism led to the rise of N.Maduro. He initiated collective farming, and state banks and nationalised all private companies. Brickston's economy was termed "hopeless" at this point. In addition to this, the Northern coast, which despised Maduro's policies, started a civil war against Maduro's communist party. It ended at a stalemate with the establishment of Capitalist Northern and Communist Southern Brickton.

North and South Brickston

Northern Brickston:
Northern Brickston embraced the free markets and became a very dominant member of Northern Europe. All companies that originated in the region were once again bought by their previous owners under an agreement. It was clear that Northern Brickston prospered far more.

North (Blue) and South Brickston (Red) in terms of GDP per capita from 1940 to 1970 - North Brickston at $15,000 in 1970; South Brickston at $2,500 in 1970.

South:
The south did not improve in its economy significantly, although there were a few reforms in the mid 1960s.

1971 Unification

Following the unification of Brickston, the South of Brickston has been catching up, primarily due to its abundance in natural resources.