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This page is about game mechanics. It contains information such as formulas, costs, & other miscellany. See Category:Mechanics for other pages on game mechanics.
Economic Policies indicate the actions that your nation takes in the economic field, covering the systems for setting levels of taxation, government budgets, the money supply, and interest rates as well as the labor market, national ownership, and many other areas of government interventions into the economy.
A nation's Economic Policies are determined by an in-game questionnaire which rates responses on a left-to-right scale. These economic policies are entirely cosmetic, only affecting the national tax rate - which is itself purely cosmetic. Polices ranked as "right" on the scale decrease the national tax rate, while policies ranked as "left" increase the national tax rate.
Economic Policies Rating Edit
The following table lists all available Economic Policies ratings on an economic scale. It should be noted that an economic system can, by no means, be represented by a one-dimensional scale, and as a result, these ratings cannot be matched directly to known economic systems such as communism and capitalism. However, they can give a hint about the economic policies followed by the nation.
|Rating||Extreme Left||Far Left||Left||Moderate||Right||Far Right||Extreme Right|
Upon the creation of a new nation, its Economic Policies are set by default to "Moderate".