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Year after year, the new communist government would be hurt harder and harder by sanctions by many trading nations, riots against the communists and food shortages. This lead to the majority of the national population, who didn’t support the communists, beginning to vandalise institutions with the Freedom movement growing stronger by the hour until on November 16th, 1957, the communist leader Damon Macleby, ordered the murder of an entire well populated town in southern Wendover, with a population of 25,000 men and women and 10,000 children, they were all killed for a wmd test. There were 14 survivors. This occurrence is commonly known as the [[Uniburg massacre]]. | Year after year, the new communist government would be hurt harder and harder by sanctions by many trading nations, riots against the communists and food shortages. This lead to the majority of the national population, who didn’t support the communists, beginning to vandalise institutions with the Freedom movement growing stronger by the hour until on November 16th, 1957, the communist leader Damon Macleby, ordered the murder of an entire well populated town in southern Wendover, with a population of 25,000 men and women and 10,000 children, they were all killed for a wmd test. There were 14 survivors. This occurrence is commonly known as the [[Uniburg massacre]]. | ||
===Return of The Monarchy=== | ===Return of Democracy and The Monarchy=== | ||
The reign of the communist party ended in 1959, when a Democratic supported coup, took over most of the nation, with the communists holding territory in Charleston, Southerland and Trasethaffen. On August 7th, 1959, one of the largest beach landings in history took place outside Trasethaffen City In Normansen County. The advancing troops moved without restriction, on their way to Charleston. The Liberation of Charleston City took place on September 29th, 1959. The leaders of the communist government tried escaping in multiple ways, the Minister for Defence of the Motherland was caught trying to escape into Theodoria, where his deputies and generals already were, the Economic Minister was caught pretending to be a shopkeeper in Prestheaven, and the Secretary General, Damon Macleby was caught in 1962 in Operation Mockingbird. The Operation lead agents to Dawson Airport where he had rented a medium sized airplane, filled it with cash and other valuables the communists stole from the people and tried to escape to Theodoria. Fortunately, shortly after taking off his plane ran out of jet fuel and began plumeting into a town west of Dawson, but his pilot successfully landed it on a playing field, killing 2 players. The players, onlookers and ambulance crews immediately recognised him and locked him in the basement of the Town Hall until authorities arrived. | |||
===Late 20th Century=== | |||
The late 20th Century was a period of mass change in PyeMcGowan. new technologies and ideas once banned by the communist government had become mainstream and the late 60s and 50s were unintelligible from each other. | |||
===Modern Day=== | ===Modern Day=== | ||
Line 279: | Line 282: | ||
==Economy== | ==Economy== | ||
===Finance=== | ===Finance=== | ||
[[File:BankofPMG.png|thumb|right|200px|Headquarters of the [[Bank of PyeMcGowan]], [[PyeMcGowan]]'s {{wp|Central bank}}.]] | |||
Banking in PyeMcGowan is lightly regulated by the BPM, Bank of PyeMcGowan, which derives its authority from the acts of Parliament. PyeMcGowan is famous for its banking secrecy laws, and areas where certain financial crimes are legal, namely [[Nova Marina]], [[Wilhelmburg|Wilhelmburg and Jeneva]]. The nation’s banking societies date back to when Argis was first settled in the early 1400s, when [[UBS]] was founded to invest in new settlements. The secrecy laws where implemented in the mid to late 18th century as the economy was expanding rapidly, and the Royal Banking Act of 1823 was implemented to encourage foreign investment to further expand the economy. Banks in PyeMcGowan do however follow laws, and punishments are decided on the size of corporations activities, most of these are results of tax avoidance, which has led many banks to set their primary location in low to no tax areas and Free Economic Zones. | |||
====History==== | |||
====Settlement==== | |||
The banking sector first grew as European traders and settlers landed in PyeMcGowan. The native tribes of Ashwete and Dernete had a system of trading and banking called Senete Achumete. The tribes acted like normal nations, as they had class systems, capitalism and farms. But unfortunately a large majority of the natives were killed with disease and in conflict. | |||
====18th And 19th Centuries==== | |||
As the PyeMcGowian economy was exploding the banking sector did so too. Banks first began using the new stock exchanges in Charleston, Newbank, Levernestad and Dawson to buy shares in the large manufacturing companies that provided most goods during the century. They also invested much in smaller companies, to foster their own as PNC was dominating the industry field, and led by Sir Isambard Queendom Burnell the company became a monopoly. | |||
====20th Century==== | |||
Pre-1930 Banking expanded faster than ever as the average PyeMcGowian became 20% richer than the late 1800s. And with this new wealth people deposited billions into the banking sector, and with improved infrastructure and international connections in both business and communications many were swimming in money, and one man Douglas Hampton actually did as he filled a pool outside his home with his own money, which ended up being destroyed in a storm. | |||
In the 1930s PyeMcGowan wasn’t hit as hard as it’s Europan counterparts, as news of the economic crashes made its way faster than the crash itself. The communication lines that had only just been set had saved companies billions of dollars, but still a lot was lost. Many small banks went out of business whilst larger banks only lost on a smaller scale. But the closing of the small banks had a domino effect which led the third largest at the time Senior Bank to collapse. | |||
A decade later in the 1940s the BPM set up its first Free Economic Zones in Levernestad one in the docks and one in the City Centre which caught the attention of the banks who moved their Headquaters There which was a lucky escape as in 1949 the communist revolution took place on the mainland, which caused the companies of the mainland to be dissolved. Following the occupation in 1959 ten years since the revolution, the democratic government took back control giving what was left of the companies to return to the mainland. | |||
The war caused the economy to crash but with international aid and the nation’s gold reserves which had been moved to the Leverne Islands the economy returned to its former glory in the late 60s. Through the digital revolution PyeMcGowian Banks innovated the way that money is transferred by opening the first cashpoint in 1970, and with 1 for every branch in 1978. It took a while for PyeMcGowan’s markets to stabilise, but in 1992 the economy was stronger than it had ever been before. | |||
====21st Century==== | |||
Today PyeMcGowan’s banks are some of the largest in the world, having a combined assets of over 4 billion Poggles. With operations across every inhabited continent, aswell as NCBC’s plan to open a small branch of 1 person and an ATM in Antargis. | |||
[[Category: PyeMcGowan]] | |||
===Extraction=== | ===Extraction=== | ||
The Northern Principalities of PyeMcGowan heavily rely on the extraction industry as the far north has large oil reserves as well as vast amounts of gold and silver throughout, thanks to the fault line. Despite having a yearly high of 15 degrees Celsius, many mining towns such as [[Hagren]] have found solutions around the bitter northern cold, to maximise production. | The Northern Principalities of PyeMcGowan heavily rely on the extraction industry as the far north has large oil reserves as well as vast amounts of gold and silver throughout, thanks to the fault line. Despite having a yearly high of 15 degrees Celsius, many mining towns such as [[Hagren]] have found solutions around the bitter northern cold, to maximise production. |
Revision as of 16:44, 11 April 2019
The United Federal Kingdom of PyeMcGowan | |
---|---|
Motto: PyeMcGowian Forever! PyeMcGowanig am Byth! | |
Anthem: Over the mountain! Dros y mynydd! Royal anthem: God save the King! Duw Achyb y brenin! | |
Status | Independent State |
Capital and largest city | Charleston |
Official languages | Anglish, Pyenglish, Welsch |
Recognised regional languages | Andersish, Wallish, Eastian, Westian, Ancient Celtic, Variot(Variota) |
Ethnic groups (2017) | White, Alhuran-PyeMcGowian, Northern Natives |
Demonym(s) | PyeMcGowian |
Government | Constitutional Parliamentary Monarchy |
• Prime Minister | George Willowston |
• Deputy Prime Minister | Jennifer Dawson |
• King | George Charlesburg |
Establishment | |
• First Europan Settlement | 1350 AD |
• Two Kingdoms Formed | 1402 |
• Unification | December 31st, 1502 |
Area | |
• | 152,500 km2 (58,900 sq mi) |
Population | |
• 2016 estimate | 50160000 |
GDP (nominal) | 2018 estimate |
• Total | $1,135,000,000,000 (15th) |
• Per capita | $23,900 (19th) |
Currency | Poggle (POG) |
Time zone | UTC +00:00 |
Date format | dd/mm/yyyy |
Driving side | left |
Calling code | +1200 |
PyeMcGowan (Formally The United Federal Kingdom or UFD) is a Parliamentary Constitutional Monarchy located on the Continent of Argis. It is bordered to the west by Theodoria, the east by Alenveil and to the south by the Auraid Bay. The nation’s subdivisions are fairly autonomous , The Nation is comprised of 13 Principalities, and 520 Counties. The medium sized nation receives a large amount of its income from Amenities and Oil, which supplies 500 Billion Poggles to the economy each year. The nation’s Head of State is the Monarch King George who serves a mostly ceremonial role, He is responsible for inaugurating the Prime Minister who is currently George Willowston. The nation enjoys high literacy, good education and high life expectancies in certain principalities.
Etymology
The word PyeMcGowan originates from the unification of the two kingdoms of PyeMcGowan, the northern Kingdom was called Gowan and the southern was named Pye. When they united the new nation came under many names, such as PyeGowan, Gowanpye and The United Kingdoms. Eventually the king decided to use the word Mc, which is early Welsch for and, therefore PyeMcGowan means Pye and Gowan.
History
Prehistory
For much of the prehistoric era PyeMcGowan was an inhospitable wasteland with temperatures of around -20 in the summer. So cold in fact, mammoths have been found frozen solid in the northern regions. Towards the Dawn of Human Beings on The Auraid Bay the climate began to miraculously warm for a few hundred years before becoming cold again. The People were said to have come from northern Europa and it took them around 100 years to travel to Argis, this is more commonly known as one of the Argic Migrations. Unfortunately these people were considered natives by the new settlers and were harshly pushed back to the north.
Settlement
In the 14th century Argis was ‘discovered’ and became a popular place for settlement. PyeMcGowan became a Hotspot for many from northern Europa. This is where PyeMcGowan gats it’s Celtic Culture’s from, as well as the Anglish Language.
Around this time, the nations these settlers arrived from began stoping the grants they were giving for founding colonies. As only minor ports and cities held alliegence with them and others began forming their own nation. As the money stopped, so did the mass settlement. So the newly created kingdoms began giving out grants themselves, but found it hard to fund it as a young nation, therefore they contracted banks to give out loans instead of grants and in return the Kings changed the Intrest rate laws, to allow them to make more from their work. This worked tremendously, making many very rich and in some parts laid the groundwork for a noble system. The most profitable bank was The Unitsen Bank of Southerland, which today is still PyeMcGowan’s second largest bank.
Two Kingdoms
Many Former Settlements and small colonies were absorbed into two small kingdoms, Pye and Gowan, these two kingdoms spent most of their time invading their neighbouring nations creating the Era of the Two Kingdoms. The Gowans and the Pyes had a similar culture yet practiced government very differently, whilst the Pyes Paid and Fed their army the McGowans used conscripts who were given but a sword and and some clothes, but they managed to make the most of their small population of around 120,000 compared to the Pyes 200,000. In 1489 The entirety of Modern Day (Mainland) PyeMcGowan, And Theodoria, was split between the two. But one man, Sir Gragorwaith of Dawson, decided that to achieve peace the two kingdoms must become 1. So in 1490 He went to the Royal Court of Pye and proclaimed his vision. The royal family was facing revolts if nothing were to happen so they agreed, the Pyes had a much larger Population by now and they had the capability of arming every man in the kingdom. So in 1490 the 10 years war begun, a bloody war that slashed the population of the area. But after 10 years of war the Pyes rained Victorious as they seized the Gowan Capital of Constantus. The First King, who was of the House of Pye, founded a new dynasty named the House of Charlesburg. It took a few years for the new and large nation to stabilise but by the early 1500s, the nation was prospering.
New Nation
New Trade
The nation only gained proper navy and shipbuilding techniques and builders after contact with Variota, they supplied Shipbuilders, Ships and Cannons in return for shipments of Gold. This began a new era for PyeMcGowan and laid the groundworks for the beginning of the The empire. This meant that PyeMcGowan could finally protect its coastline and build a navy. This was great, the money was pouring in like it had never before, but they couldn’t dream of the Money to arrive in the next centuries!
The PyeMcGowian navy had usually been confined to the Auraid Bay but thanks to these new technologies PyeMcGowian ships have been found shipwrecked as far as the South Oriental Ocean. But PyeMcGowians will venture further! Around this time, PyeMcGowan’s fleets we’re heavily disorganised, but thanks to Admiral Joseph Hiltgaar, The first PyeMcGowian Admiral, and his leading experience in the sector, He was allocated the equivalent of 10 Million Poggles to hire as many sailors as possible and put them through Sloughburgh Navy School, one of the worlds harshest Military Schools.
The Empire
Thanks to Variota and it’s supplying of naval vessels, The PyeMcGowian Government was ready to take things further, with The Ferguson Island Act of 1650. This allowed the Government to create colonies, People immediately jumped at the chance to found a new colony as the government offered money to whoever founded a stable colony. These include the Island of Gugenburg, The Port of New Dawson and The city of Llanmor. This built a Network of Small colonies that expanded PyeMcGowan’s Trade Empire. This era lasted for around 200 years of prosperity. But with more money than anyone could count the government could do whatever it wanted, and it did. So I’m 1780 The Government founded The PyeMcGowian Trade Confederation, A Trading Company, in charge of the network of colonies which was also a sort of Supergroup of all major companies in the nation, here they could meet, be regulated, and after 20 years sign up for PyeMcGowan’s first Stock Exchange, The Charleston Stock Exchange. One of PyeMcGowan’s most succesful colonies was the Twinsud Coast, a trading port turned resource extravaganza, bringing many fruits, animals and resources such as woods, tobacco, stone and diamonds, some of these diamonds would be used for the PyeMcGowian Crown Jewels which would soon be used, and then unused for many years.
In 1776 the Theodorian War of Independence took place as Theodorian nobles disapproved the new found wealth for the rest of the nation. The first battle took place at Serenbourg, a PyeMcGowian Army Base. The battle lasted two days, and due to harsh weather conditions the PyeMcGowians were forced to retreat as reinforcements couldn’t make it to the battle. This proved a decisive victory as it was the largest of the loyal bases in Theodoria. As the Theodorian Forces surrounded Constantus, the remaining forces had no choice but to surrender as escape boats couldn’t make it to the port as the independent navy had formed a blockade. In 1780 the 1780 Treaty of Charleston was signed, defining the border and granting independence to the 9 Principalities of Theodoria and forming the Kingdom of Theodoria.
Wendovian Era
The Wendovian Era began in 1829 until 1900 and is called that because of King Wendover the Great who ruled for the majority of that time, it saw great revolutions in technologies such as Metals and Factories as well as common things that we take for granted today. King Wendover was crowned on August the 10th 1820 in Summerfield Abbey, Summerfield and he was named the sun king by The Charlesburg Herald thanks to the bright rays of sun shining upon the king as he was crowned. As he left the abbey a gunman shot at him twice, hitting his hat and a nearby statue of Princess Andrea the Unifier, he was later named Rumsfeld Ipswicher, a local beggar who stole a gun from a nearby Garrison. The King would do marvels to help democratise the Parliament, which took him most of his reign, and to rebuild PyeMcGowan’s Army.
The architect Isambard Queendom Brillton, who’s father was of Alenveilian birth, built the Northerton Bridge, The Padworth Station, HMS Dawson and The Cober Dam, all within 20 years. This caused a chain reaction that would revolutionise PyeMcGowian Industry and Trade for the better. This rapid industrialisation funded by the Merchants of the previous eras meant that PyeMcGowan could become a regional Superpower, and so, in 1840, PyeMcGowan rapidly spent on a new military, one with modern troops and artillery, whilst still spending massively on the navy. This included the construction of Ferguson Military Port, a giant port and shipyard which caused massive urbanisation in the Leverne Islands. This repidly spread across the nation and its neighbors, making PyeMcGowan a regional Economic and military superpower.
In 1846, The Nova Marina-Charleston Banking Corporation was founded by Alberto Unitsen, an extraction millionaire who played his luck in the financial game. This is where the popular board game, Alberto Gets it’s name. He opened banks around the world, investing in everything he could see and he became PyeMcGowan’s first billionaire, in today’s money. With this new found wealth his children would found the United Corporation, which was forced to give away many of its subsidiaries, during the United Corp Breakup, including NCBC.United became PyeMcGowan’s largest company in 1954. This company was heavily involved in Government until The Oligarch Suppression Act of 1890. Today NCBC is one of The world’s leading investment banks.
In 1895, after years of work, the Parliament was finally democratised, starting with the Election of 1895. King Wendover’s life goal was achieved, only a few years before his death on December 1st, 1900. PyeMcGowan’s first democratically elected Prime Minister was Sir Ferguson Unitsen, of the Conservative Party.
The Dazzling Era
The Dazzaling Era is what the first half of the 20th Century is named, it was a time of great wealth and prosperity throughout the nation and its neighbors. Many believe that the Dazzling Era began two weeks before King Wendover died, as the extremely business friendly Sir Edmund Jenkins-Unitsen was elected Prime Minister, some say this undid the anti-oligarch work of king Wendover, as he filled his cabinet with major business leaders. The Prime Minister slashed taxes for corporations, and funded major infrastructure projects, like the Costal Railroad, and a 1900s version of the Mynydd Mor Line. As he did this he became increasingly unpopular among the lower class, causing a makeshift revolution in the mines of Hagren.
Under his term, the population of major cities like Charleston went from 3.4 Million to 4.9. Many of which were immigrant seeking wealth in the PyeMcGowian Gold Rushes. But failed to find a satisfying amount so bought houses in the boroughs of Westfield and Brookport.
Mid Century
Communist Control
In March of 1949 a group of around 100,000 Pyesheviks began protesting the so called ‘Satans of the Government’ and as they began receiving media coverage many foreign groups arrived to support them, one such group landed on Dawson Landsgate Beach, not far from PMAF Landsgate, unannounced, causing the Military to assume that this was a communist invasion. After the battle, in which no PyeMcGowians were harmed, but 12 of the arriving group were killed, many with communist ideals took up arms in protest, and there were many moments where the police and military personnel were forced to fire at them as many tried to gain access to the Prime Minister’s residence, Summerfield palace and many other government and military buildings. Many Miners and lower class workers in the province of Hagren decided to storm Hagren Provincial Building, killing the Governor and injuring the prince of Hagren. The Government immediately raised the alert level to IDAR 5. This lead to open revolt among the communist groups, which many believe to be the beginning of the Second civil war. The military did everything it could to stay in control until early 1951, when the communist party seized Charleston, renaming the capital as Leninovgrad, after their founder, Joseph Leninov. Many millions of people sought refuge in the Leverne Islands and Alenveil, along with the Royal Family and the Nation’s Wealthy. Year after year, the new communist government would be hurt harder and harder by sanctions by many trading nations, riots against the communists and food shortages. This lead to the majority of the national population, who didn’t support the communists, beginning to vandalise institutions with the Freedom movement growing stronger by the hour until on November 16th, 1957, the communist leader Damon Macleby, ordered the murder of an entire well populated town in southern Wendover, with a population of 25,000 men and women and 10,000 children, they were all killed for a wmd test. There were 14 survivors. This occurrence is commonly known as the Uniburg massacre.
Return of Democracy and The Monarchy
The reign of the communist party ended in 1959, when a Democratic supported coup, took over most of the nation, with the communists holding territory in Charleston, Southerland and Trasethaffen. On August 7th, 1959, one of the largest beach landings in history took place outside Trasethaffen City In Normansen County. The advancing troops moved without restriction, on their way to Charleston. The Liberation of Charleston City took place on September 29th, 1959. The leaders of the communist government tried escaping in multiple ways, the Minister for Defence of the Motherland was caught trying to escape into Theodoria, where his deputies and generals already were, the Economic Minister was caught pretending to be a shopkeeper in Prestheaven, and the Secretary General, Damon Macleby was caught in 1962 in Operation Mockingbird. The Operation lead agents to Dawson Airport where he had rented a medium sized airplane, filled it with cash and other valuables the communists stole from the people and tried to escape to Theodoria. Fortunately, shortly after taking off his plane ran out of jet fuel and began plumeting into a town west of Dawson, but his pilot successfully landed it on a playing field, killing 2 players. The players, onlookers and ambulance crews immediately recognised him and locked him in the basement of the Town Hall until authorities arrived.
Late 20th Century
The late 20th Century was a period of mass change in PyeMcGowan. new technologies and ideas once banned by the communist government had become mainstream and the late 60s and 50s were unintelligible from each other.
Modern Day
Geography
PyeMcGowan has a fairly cold climate for most of the nation, with the coast having a koppen climate class of Cfb, oceanic climate. The countries two mountain ranges fall along the Gogde Fault line, which also supplies that nation with vast amounts of gold(Au), And Silver(Ar). The Principality of Anderson holds the Dawson Lakes National Park, which has the Nation’s Largest lake, Lake Jefferson aswell as Lake Lincoln And Lake Windsor. Lake Jefferson leads to Hemsworth Dam along the Clwynwy River, which drains into Lake Windsor before going through Dawson. The nation’s longest river is the Grande River, which originates from mountains in the Principality of Sernensen.
Government
Administrative Divisions
(See:List of PyeMcGowian Principalities) The nation is comprised of 13 Principalities and two special Principalities, Nova Marina And the Leverne Islands. Each Principality has its own prince who, along with a chosen delegation, attend the Council of Princes. The democratic, and far more powerful, counterpart to this is the Principality’s First minister, who acts like any other head of government, but without foreign, military energy powers, they along with 20 MPs attend the monthly special sessions of Parliament, whilst the 20 MPs attend almost every session. Each Mainland Principality has 20 smaller counties inside of them, these counties have an undemocraticly chosen count, and a democraticly chosen MP and a local County Mayor.
Politics
Paliament
House of Nobles
Foreign Relations
PyeMcGowan is considered a middle power on an Eurth stage, and holds medium amounts of influence in international organisations. But on a continental and regional scale, PyeMcGowan is considered an important player in economics and diplomacy. Aswell, PyeMcGowan still holds power in former colonies that are members of The UY, an organisation for former PyeMcGowian colonies.
Country/Organization | Current state of relations |
---|---|
File:Asgeirria 844710.png The Republic of Asgeirria | TBD |
File:Golgafrinchian 457104.jpg The Andunic Consortium | TBD |
The Tagmatine Empire | TBD |
The Adapton Imperium | TBD |
File:Flag of Fulgistan.png The Worker's Republic of Fulgistan | TBD |
The Grand Duchy of Limonaia | Good |
The Radiant Republic of the Sunset Sea Islands | Good |
The Beautiful Empire of Orioni | Good |
File:Gallambrian National Flag.svg The Kingdom of Gallambria | TBD |
The United States of Prymont | Good |
The Unified Variotan State | Very Good |
The Most Serene Republic of Mauridiviah | TBD |
The Holy Empire of Derthalen | Poor |
The Grand Duchy of Pallamara | TBD |
The Free Port of Cristina | Normal |
File:Flag of Andalla.jpg The Commonwealth of Andalla | Good |
The Kingdom of Alenveil | Allied |
The Theodorian States | Very Hostile - Sanctions And Travel Restrictions |
Military
Army
The PyeMcGowian Army consists of around 80,000 Active Volunteers and around 20,000 reserve personnel. The Army currently operates 200 active fighting vehicles along with 300 out of use but still operational. The Army is Currently headed by General Harvey Ramston, a Former Officer who worked his way up the ranks during The Jones Island Crisis of 1960. The Army is praised by the populace for their mandatory training in the far north, where it reaches -20 degrees Celsius!
Air Force
The Airforce currently consists of 75 Aircraft(That The Government has Confirmed), 15,000 active personnel and another 15 thousand in reserve. The Air Force was founded in 1915 when it consisted of five biplanes with 12 pilots who spent a majority of their time waiting for the engineers to figure out what they were fixing and refuelling. The modern airforce is lead by Air Marshal Earl Axton Shrewston of Llanawyr he became Air Marshall after his predecessor died in the Hindsburg AFB Disaster.
The PyeMcGowian Navy is fiercely loyal to the crown and have 35 confirmed vessels as well as 42 reserve vessels. The navy’s shining glory, is it’s 2 aircraft carriers, The PNS Llangafni and the PNS Tylluan. The Navy has 41,000 active sailors and 15,000 reserve personnel. The PyeMcGowian Navy is the dominant force in the Auraid Bay and conducts joint training missions with Alenveil. The Force is headed by Fleet Admiral Lord John Wessex of Llanwess.
Economy
Finance
Banking in PyeMcGowan is lightly regulated by the BPM, Bank of PyeMcGowan, which derives its authority from the acts of Parliament. PyeMcGowan is famous for its banking secrecy laws, and areas where certain financial crimes are legal, namely Nova Marina, Wilhelmburg and Jeneva. The nation’s banking societies date back to when Argis was first settled in the early 1400s, when UBS was founded to invest in new settlements. The secrecy laws where implemented in the mid to late 18th century as the economy was expanding rapidly, and the Royal Banking Act of 1823 was implemented to encourage foreign investment to further expand the economy. Banks in PyeMcGowan do however follow laws, and punishments are decided on the size of corporations activities, most of these are results of tax avoidance, which has led many banks to set their primary location in low to no tax areas and Free Economic Zones.
History
Settlement
The banking sector first grew as European traders and settlers landed in PyeMcGowan. The native tribes of Ashwete and Dernete had a system of trading and banking called Senete Achumete. The tribes acted like normal nations, as they had class systems, capitalism and farms. But unfortunately a large majority of the natives were killed with disease and in conflict.
18th And 19th Centuries
As the PyeMcGowian economy was exploding the banking sector did so too. Banks first began using the new stock exchanges in Charleston, Newbank, Levernestad and Dawson to buy shares in the large manufacturing companies that provided most goods during the century. They also invested much in smaller companies, to foster their own as PNC was dominating the industry field, and led by Sir Isambard Queendom Burnell the company became a monopoly.
20th Century
Pre-1930 Banking expanded faster than ever as the average PyeMcGowian became 20% richer than the late 1800s. And with this new wealth people deposited billions into the banking sector, and with improved infrastructure and international connections in both business and communications many were swimming in money, and one man Douglas Hampton actually did as he filled a pool outside his home with his own money, which ended up being destroyed in a storm.
In the 1930s PyeMcGowan wasn’t hit as hard as it’s Europan counterparts, as news of the economic crashes made its way faster than the crash itself. The communication lines that had only just been set had saved companies billions of dollars, but still a lot was lost. Many small banks went out of business whilst larger banks only lost on a smaller scale. But the closing of the small banks had a domino effect which led the third largest at the time Senior Bank to collapse.
A decade later in the 1940s the BPM set up its first Free Economic Zones in Levernestad one in the docks and one in the City Centre which caught the attention of the banks who moved their Headquaters There which was a lucky escape as in 1949 the communist revolution took place on the mainland, which caused the companies of the mainland to be dissolved. Following the occupation in 1959 ten years since the revolution, the democratic government took back control giving what was left of the companies to return to the mainland.
The war caused the economy to crash but with international aid and the nation’s gold reserves which had been moved to the Leverne Islands the economy returned to its former glory in the late 60s. Through the digital revolution PyeMcGowian Banks innovated the way that money is transferred by opening the first cashpoint in 1970, and with 1 for every branch in 1978. It took a while for PyeMcGowan’s markets to stabilise, but in 1992 the economy was stronger than it had ever been before.
21st Century
Today PyeMcGowan’s banks are some of the largest in the world, having a combined assets of over 4 billion Poggles. With operations across every inhabited continent, aswell as NCBC’s plan to open a small branch of 1 person and an ATM in Antargis.
Extraction
The Northern Principalities of PyeMcGowan heavily rely on the extraction industry as the far north has large oil reserves as well as vast amounts of gold and silver throughout, thanks to the fault line. Despite having a yearly high of 15 degrees Celsius, many mining towns such as Hagren have found solutions around the bitter northern cold, to maximise production.
United Corporation
Media
Culture
Architecture
Cuisine
Customs
Education
Infrastructure
Health
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