Economic markets are formed for many different reasons that have a large impact on goods and society. Making the decision of what type of economic market that a country will utilize to regulate the country is a big decision in itself. Throughout the playing of this game, I had many instances where I had to make the determination of what type of market that I wanted to make my country stabilized with. The market choice one time that I had chosen was Mercantilism. Would my country rise or would it fall from the type of decisions this market had in place? This market had many highs and lows, but I wasn’t sure what impact that would have on my civilization being a prosperous one.
Mercantilism is a medium-upkeep form of economy that requires banking. It gives the civilization one free specialist per city and doesn’t allow trade routes with foreign cities. This protects wealth but also risks economic health on the ability of the few to make good business decisions. Since I was unable to create trade routes with foreign cities, I was forced to make do with the current circumstances of my own cities. I had to learn how to trade within my own civilization to profit. This choice of market was a very difficult one to maintain for self gain because I was unable to really make an impact on the rest of the cities. I had to depend on cross-selling goods within my cities which wasn’t the best idea because it caused the cities I had developed to be scarce with certain resources.
Trading within your own cities can be advantageous if you have a large amount of resources or if you can find other methods to make large amounts of money. The advantage of trading with other cities is the ability to have a wide variety of goods and resources to choose from and you can develop many relationships with other cities not only on a trading level, but a personal one as well. Trade is a very imperative aspect of the game to be successful because it helps build the economy, develop lots of capital, and allows for you to explore land to find new resources. Working with other cities helps develop friendships. That is very important especially when having war declared on oneself because they can provide goods at a good negotiated price when aid is needed.
Utilizing mercantilism as my primary form of economy had many pros and cons, but in the end the solution to the problem was that I was able to expand my borders to a large enough are to have the land necessary to get the surplus of resources. This plan enabled me to keep my strong and maintain a very stable environment. My economy thrived. The basis of mercantilism was to restrict trade it wasn’t the best system to use in this game, but at least kept my civilization stable so I was able to survive and not be overtaken by other civilizations in the process. The end result was a functional economy for the people of my economy and balanced market.
Mercantilism is a medium-upkeep form of economy that requires banking. It gives the civilization one free specialist per city and doesn’t allow trade routes with foreign cities. This protects wealth but also risks economic health on the ability of the few to make good business decisions. Since I was unable to create trade routes with foreign cities, I was forced to make do with the current circumstances of my own cities. I had to learn how to trade within my own civilization to profit. This choice of market was a very difficult one to maintain for self gain because I was unable to really make an impact on the rest of the cities. I had to depend on cross-selling goods within my cities which wasn’t the best idea because it caused the cities I had developed to be scarce with certain resources.
Trading within your own cities can be advantageous if you have a large amount of resources or if you can find other methods to make large amounts of money. The advantage of trading with other cities is the ability to have a wide variety of goods and resources to choose from and you can develop many relationships with other cities not only on a trading level, but a personal one as well. Trade is a very imperative aspect of the game to be successful because it helps build the economy, develop lots of capital, and allows for you to explore land to find new resources. Working with other cities helps develop friendships. That is very important especially when having war declared on oneself because they can provide goods at a good negotiated price when aid is needed.
Utilizing mercantilism as my primary form of economy had many pros and cons, but in the end the solution to the problem was that I was able to expand my borders to a large enough are to have the land necessary to get the surplus of resources. This plan enabled me to keep my strong and maintain a very stable environment. My economy thrived. The basis of mercantilism was to restrict trade it wasn’t the best system to use in this game, but at least kept my civilization stable so I was able to survive and not be overtaken by other civilizations in the process. The end result was a functional economy for the people of my economy and balanced market.
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