Economy, Technology, and Your Dollar's Worth!

[Biggie]

How Economy, Technology, and Your Currency's worth are all intertwined in this RPing fringe!

[Biggie]

We'll start off with GDP. Here's a breakdown for the Nationstate's economy and what it means for your nation:

Imploded: $650 (400-900)

Basket Case: $1,075 (901-1,250)

Fragile: $1,625 (1,251-2,000)

Weak: $2,750 (2,001-3,500)

Struggling: $4,500 (3,501-5,500)

Developing: $6,750 (5,501-8,000)

Reasonable: $9,500 (8,001-11,000)

Fair: $14,250 (11,001-17,500)

Good: $20,000 (17,501-22,500)

Strong: $25,000 (22,501-27,500)

Very Strong: $30,000 (27,501-32,500)

Thriving: $35,000 (32,501-37,500)

Powerhouse: $40,000 (37,501-42,500)

All Consuming: $45,000 (42,501-47,500)

Frightening: $50,000 (47,500- 60,000)

[Biggie]

Now, compare your nation quickly to these. The more economically powerful your nation, the more variety in products you will have. This is why nations like Japan, the U.S., and South Korea dominate technologically wise. How does this apply though? Why is it that way? It goes back to variety. The more competition the more variety you will have as your companies try to outdo each other.
This is where people are going to get angry at me. I'm going to say that nations with high economies are going to be more technologically advanced. That means a person who has an Imploded economy isn't going to be anywhere near as advanced as someone with a All Consuming Economy.
You're probably thinking that I'm posting this because I want to have the best technology. That really hasn't influenced me to post this. I'm just trying to make the RP's better.

Imploded: No Technology. You can’t afford it as you’re still trying to feed all your people.

Basket Case: None to very, very, very, very low technology. Your economy is pretty bad, so you can’t buy it. You probably receive most of any of the little technology from other nations.

Fragile: None to very, very, very low technology. Same as Basket Case, except you maybe can purchase a small amount every few years.

Weak: Very, very, low technology. You probably have some with a lot of it being old technology.

Struggling: Very low technology levels. You probably got some old technology.

Developing: Low technology levels. Slowly you may be able to get up there.

Reasonable: Medium levels of technology. You have a decent economy going so you can get some more and newer technology.

Fair: Medium levels of technology. You are similar to Reasonable, but have a few years newer technology.

Good: Upper Medium Levels of the technology. Your people have relatively new technology. Your computers are still slow though.

Strong: Upper Medium Levels of the technology. You have some decent technology. Some are even newer.

Very Strong: You have more new technology. Similar to Strong, but better. You may even be able to sell some.

Thriving: You have great Technology. You can sell technology and even give aid in to other nations.

Powerhouse: You have superior technology to most others. You sell technology as a major part of your economy. You may even give a good amount of aid. You are third in the top three.

All Consuming: You are respected by others for your technology. People want your technological goods. Some even resent you for it. You are second in the top three.

Frightening: You are a technologically superior nation. You have the best technology. People want your goods more than anything else. Your economy is booming from your technology. You can give technological aid freely. Your number one of the top three in technological greatness.

[Biggie]

Imploded: 8 (Your Currency) : 1 USD

Basket Case: 7 (Your Currency) : 1 USD

Fragile: 6 (Your Currency) : 1 USD

Weak: 5 (Your Currency) : 1 USD

Struggling: 4 (Your Currency) : 1 USD

Developing: 3 (Your Currency) : 1 USD

Reasonable: 2 (Your Currency) : 1 USD

Fair: 1 (Your Currency) : 1 USD

Good: 1 (Your Currency) : 2 USD

Strong: 1 (Your Currency) : 3 USD

Very Strong: 1 (Your Currency) : 4 USD

Thriving: 1 (Your Currency) : 5 USD

Powerhouse: 1 (Your Currency) : 6 USD

All Consuming: 1 (Your Currency) : 7 USD

Frightening: 1 (Your Currency) : 8 USD

[Biggie]

Now, if you were to standardize a currency, then the weakers economies benefit. We'll use my Imperial Dollar for an example. I have the highest ranked economy. Dellfi and Vladsenham have standardized their currency with mine. Because of this, they now have a 1 Imperial Dollar: 8 USD ratio.