The Colony of Itaho-Falkaria is a gargantuan, safe nation, remarkable for its complete lack of prisons, irreverence towards religion, and devotion to social welfare. The democratic population of 16.916 billion Itaho-Falkarians love a good election, and the government gives them plenty of them. Universities tend to be full of students debating the merits of various civil and political rights, while businesses are tightly regulated and the wealthy viewed with suspicion.

The medium-sized, outspoken government is primarily concerned with Welfare, although Education, Healthcare, and Defense are also considered important, while Spirituality receives no funds. The average income tax rate is 25.0%, but much higher for the wealthy.

The large but inefficient Itaho-Falkarian economy, worth 712 trillion lire a year, is broadly diversified and led by the Pizza Delivery industry, with major contributions from Woodchip Exports, Door-to-door Insurance Sales, and Retail. State-owned companies are common. Average income is 42,092 lire, and evenly distributed, with the richest citizens earning only 2.0 times as much as the poorest.

Crime is totally unknown. Itaho-Falkaria's national animal is the caecilian, which can occasionally be seen sifting through garbage in the nation's cities.

Itaho-Falkaria is ranked 72,008^th in the world and 1^st in Cordillera for Nicest Citizens, with 15.09 average smiles per day.