Economy

Basics
The economy in Terra Nova is player driven. There are no server shops where you can sell anything or buy anything infinitely. Money is earned through a player's job or by doing work for other players.

Taxes
There aren't taxes per se, however certain services do have fees related to them. For instance, creating a chest shop requires 250 Terras to create. Also, there are costs in creating a new faction and claiming land for that faction. These fees go into a Terra Nova Government account that is used for various civic improvements, etc.

Shops
The Trade District is located in the spawn city of Terra Nova across from the Mob Arena. Currently, all shops are located there.

Previously, everyone was allowed to own and create a chest shop. This has changed. The reason for this is that it created a confusing mish-mash of shops where you had to hunt to find what you wanted to buy.

The new way is based on real-world ideas. Shops will now be dedicated to specifc categories of goods, such as mining goods, food, armor and weapons, etc. In addition, not everyone will be able to own a shop but everyone will still be able to sell goods. The goal is to try and create a merchant psuedo-class in that certain players are responsible with maintaining a shop (keeping it stocked, buying goods, etc.)