The Economy System

Over time, the economy system on the server has expanded and grown to become more user-friendly and inclusive of different sectors and builds. Below are a list of the economy. system versions:

* Economy System v1
* Economy System v2
* Economy System v3

The first economy system was very primitive and basic, allowing construction of housing, airports, farmland, mines and other primary income methods, but not much else. It was used in Season 1 and 2.

The second economy system was far more developed, having pricing for housing, airports, farmland, separate civilian and military factories, infrastructure, and also giving the player benefits if they provided their citizens with an internet connection and electricity. This version of the econony system was used from Sesason 5 to Season 8.

The third economy system was the most advanced yet. Citizens no longer made a country money, they now worked jobs at establishments and made money through tax paid on their income. This system also came with an executable program, which did all the calculations and worked everything out itself, which made the process much easier. This version of the economy system started use in Season 9 and is still in use today.

## Bankruptcy System

There are three types of bankruptcy categories on the server, each meaning different things. They are explained below:

* **Chaper 1 Bankruptcy Protection** - This announces to the server that your country is defaulting on your debts and that you are actively looking for some form of bailout. You have 2 days of bankruptcy protection. In this time, you may not build or engage in any economic activity and your bank balance is also frozen at this time, so you must not advance days. After 2 days, you must have declared either Chapter 2 or Chapter 3 bankruptcy.
* **Chaper 2 Bankruptcy** - This announces to the server that an external country or power has written off all your debts and your balance has been reset to zero. The country that writes off your debts must have sufficient funds to cover the entire cost of the debt in your account.
* **Chaper 3 Bankruptcy** - This announces to the server that you have surrendered yourself and your country to the United Nations. You must travel to the United Nations Headquarters, or the nearest UN embassy in a friendly country. A UN meeting discussing your situation must follow, and in this meeting, your new country, it's borders and economic sanctions, will be discussed.

## Declaring Chapter 2 Bankruptcy

If you have found a country, or countries, that are willing to bail you out through a loan repayment, then they must pay you the full sum of your debt into your account before your two days of bankruptcy protection is over. Once this has been completed, you must begin paying back the amount disclosed in your bailout agreement, plus any interest on top of it, the second you get paid. If you fail to pay back the loans and interest in full for a period longer than 2 days, your country will immediately declare Chapter 3 bankruptcy.

If you have found a country, or countries, that are willing to bail you out through puppeting or having some form of control over your countries politics and/or governing, then they must pay you the full sum of your debt into your account before your two days of bankruptcy protection is over. Once this has been completed, you must adhere to the agreement made between your two countries effective immediately. Your controlling country is entitled to up to 75% of your daily income until the original debt amount has been collected through your daily income.

## Declaring Chapter 3 Bankruptcy

If you have declared Chapter 3 bankruptcy, you immediately lose all control and power over your country, and you must leave your country immediately and head directly to the United Nations Headquarters, or to a UN Embassy in a friendly or neutral nation. Once you are there, a UN meeting will be called, and the attending nations will decide on the location for your new country, it's borders, and any economic sanctions against it. You are allowed some say in the location and borders, and the countries at the meeting must respect this. However, the countries at the meeting are also economically stable, and as such if you prove to be unreasonable with your wants, they will be ignored.

Once you have been given your new country, you may create a new economy system for it and begin as normal. However, due to your previous countries ways, anything that is free for starting nations, e.g: first airports, will now cost you full price. Once you have obtained at least double the positive balance of your previous nations debt (e.g: previous country has 50k debt, you need 100k positive money) through legitimate means earned through the economy system, and not through any form of loans or money borrowing, you may request to bail your country out to the UN. Once at least three nations on the server have agreed that your money has been earned legitimately, and you have no outstanding debts or loans, you may bail out your previous country. Half of your money will go towards writing your previous nations debt off, resetting it's balance to zero, and the other half will go to the United Nations.