Quote:
Originally Posted by Mansun
I did not say other means of trade and industry did not exist, I meant that the Shire was not economically strong beyond the obvious trades. The trades you mention were all relatively small and unimportant. The Shire was way, way behind the other countries of Middle Earth economically. Mithril may have been rare and valuable, but Gandalf rated it as far more valuable than the Shire and everything in it. I do not think he would have said such a bold statement to dismiss Loth Lorien, Rohan, Gondor, Isengard, Mordor, or even Dale.
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I think you're mixing economic size with economic prosperity. The Shire was certainly prosperous, though not as large as Gondor.
I'm not sure that you could assign traditional economic value to someplace like Lothlorien. In fact, I don't know of any trade, industry, or currency which the elves of Lothlorien used, and that if you tried to explain trade and the ME equivalent of GDP to Celeborn, he'd be quite uninterested. I would even venture that the only valuable things the elves there had, besides bows (which they didn't trade) and Lembas (ditto), were the articles of yore that they had collected over the years. And those were either kept safe, used personally, or bequeathed as gifts for service.
As for Mordor, the value would theoretically be whatever some buyer would want to pay for it. I'm not so sure what kind of monetary value one could assign a place that was hot, choked by ash, ruled by an evil god, populated by slaves and monsters, had fertile land only around Lake Nurnen, and in which all of the buildings were caked with layers of filth.