Kingdom of Olympus

Topics: Gross domestic product, Life expectancy, Inflation Pages: 7 (1603 words) Published: March 16, 2013
KINGDOM OF OLYMPUS
GROUP MEMBERS| CONTRIBUTION|
Alocha, Gillian Kim| Firms Sector|
Baluca, Maie| Government Sector|
Hernandez, Rex| Government Sector|
Limbo, Nicole Alexis| Financial Sector|
Okamura, Marielle Aika| Financial Sector|
Salcedo, Dawn Beth| Firms Sector|
Salva, Joshua| International Sector|
Santos, Krizza Diane| Household Sector|

Date Submitted:Submitted to:
March 16, 2013Raychelle R. Artuz
Course/Section
SS013-B11
TABLE OF CONTENTS
I.General Information
A. Official Name of the Country……………………………......4 B. Political Structure………………………………………….....4 C. Principal Economic System……………………………….....4 D. Location……………………………………………………...5 E. Capital (Cities)…………………………………………….....5 F. Land Area…………………………………………………....5 G. Population…………………………………………………....5 H. Major and Minor Natural Resources………………………....5 I. Currency……………………………………………………...5 J. GDP (Gross Domestic Product)……………………………...6 K. GDP per Capita…………………………………….………...6 L. GNP (Gross National Product)……………………………....6 M. Labor Force……………………………………………..........6 N. Unemployment…………………………………………….....6 O. Mortality Rate………………………………………….…….6 P. Inflation……………………………………………………...6 Q. Culture……………………………………………………….7 R. Life Expectancy……………………………………………...7 S. Religion………………………………………………………7 T. Literacy Rate…………………………………………………7 U. Language……………………………………………………..7

II. 5 Sector Circular Flow Diagram
A. Households……………………………………………………………….8
B. Firms……………………………………………………………………...9
C. Government……………………………………………………………10-11
D. Financial…………………………………………………………………..11
E. International……………………………………………………………….12
III. Current Situations………………………………………………………...13
IV. SWOT Analysis………………………………………………………13-14

I. GENERAL INFORMATIONS
A. Official Name of the Country
The official name of the country is Kingdom of Olympus derived from a Greek mythology inspired Mount Olympus known as the Home of the Gods.
B. Political Structure
The political structure existing in the country is Parliamentary form of representative democracy. The King is the country’s head of state and can select his council. The King has little real political power, but fills an important symbolic function as the Head of State and official representative of society and industry. He is also the commander-in-chief for the armed forces. State power is formally distributed between three institutions: the parliament – (the legislative power), the Government (the executive power) and the courts (the judicial power). The cabinet, or the government, is formed by the prime minister and at least eight cabinet members. Formally speaking, it is the King who asks the majority party to form a government or a possible coalition. The King can in theory appoint anyone he wishes to the cabinet but would habitually accept the prime minister’s proposal of cabinet members and has only refused to accept the proposal. C. Principal Economic System

Monopolistic Competition is a type of imperfect competition in which there are many sellers and buyers but the products are slightly differentiated.

D. Location
Our country is situated at North Sea, Europe about 56°N 03°E beside United Kingdom and Norway. E. Capital and Cities
The Capital of Kingdom of Olympus is Zeus named after the God of Gods, situated at the center of the country. Cities include Poseidon, Demeter, Athena, Hestia, Apollo, Artemis, Ares, Hermes, Aphrodite, Cupid and Hades. F. Land area

The Territorial Area of the country measures 420,585 square kilometer. G. Population
The Population of the country is 15,827,341 based on National Census 2012 Estimate. H. Major and Minor Natural Resources.
Since the country is located at the Northern part of Europe in North Sea, Major resources is Fishing Industry. Also, Natural Gas, petroleum and oil is one of the country’s major resources. In terms of renewable energy,...
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