Simcountry
Forum Beginners Economy help

Economy help

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chevykidmuddin

All worlds
22 Jan 2013 02:26Link
ive looked over every thing i could and im still confused how to hold a good economy. What to set salaries, taxes, welfare, quality, ect...
i currently have my corp tax at 50%, my buying quality at 120. i have deactivated all military weapons, my gov sals are 200, and corp at 300.
please help.. look over my country if you have time
thankss
my country is "The Empire of Empire"
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Crafty

All worlds
22 Jan 2013 19:22Link
What world chevy?

120Q buying, corps or country? I'm presuming you mean corps. Corps should buy higher than that. 170 may be good, and upgrade the corps.

Those salaries should be ok. You dont say what your profit transfer is set at, thats not something we could see by checking out your country, but not critical.

I'll look if youre not on WG, say what world, and expect a long list of things, lol, I can go on a bit.
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chevykidmuddin

All worlds
23 Jan 2013 01:54Link
Little up.
Patria Kabana Region
Auriga Bella Continent
thanks
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chevykidmuddin

All worlds
23 Jan 2013 02:01Link
oh profit tran is 50
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Josias

All worlds
01 Feb 2013 00:35Link
sim country allows for a variety of econ models, that some are more successful than others, or more successful depending on circumstances, like the amount of time you have, or whether you'd prefer to be peaceful or not.

welfare is more a function of your countries over all strength, than a setting. increasing your education, health, social security, and transportation to reach indexes of 120, will give you about the best over all bonus, for your effort. (although i find that i need at least a 150 education index in order to maintain my worker base,)

corporate salaries effect corporate welfare beyond the effects of the country. increasing salaries, increases production, but also increases cost. by increasing salaries, you are supporting a larger economy, and basing much of your income on income tax, and CEO pay out (country resources used,) as opposed to corporate profit.

by running salaries in the 250&
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Alxfearen Renouf

All worlds
19 Mar 2013 00:00Link
So Im having a hard time figuring out how to improve my economy here and i'v over spent, trying to find a good way to help get my economy back up and running. if you need a look the country is "The Republic Of Sier" in "KB"
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Jack

All worlds
19 Mar 2013 00:31Link
I just took a quick look. I'd recommend getting your corps to 100% employment so they are producing. Nearly all your corps are at 10% employment. Based on your population I don't think you have enough population to staff that many corps. So you can either add population or close enough corps to get the population you need. There are other things but this really needs attention before attempting to fix anything else.
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zzz

All worlds
19 Mar 2013 01:19Link
that was good advise, i'd also add to check your trade ordering strategies. buying high quality supplies costs allot of money, if your corps are understaffed, your paying more than you need. set everything to 120q, until you are on your feet. and sell off any defensive weapons.
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Teddy Bear

All worlds
19 Mar 2013 08:59Link
Great Answer Josias :)
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treyandcecilia

All worlds
22 Mar 2013 19:25Link
Are slave states doomed to struggle economy wise? It was that new player war, i took over the country, and it seems no matter what i do they continuously end up in debt. I am at a loss, im not sure how to improve the economy.

WG, Virgina Bella Continent, Ashville West Region, Independent State of Marletta
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Brandon Gil

All worlds
22 Mar 2013 21:35Link
no they can become profitable for your main, but their score will not move a lot
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Borg Queen

All worlds
23 Mar 2013 15:56Link
trey, biggest problem of getting a slave profitable is to remember all those little things you did in your main when you started:
- Set Social Security to 80% (thats whats forgotten most I think)
- Get Education up (I'd recommend 200 to speed up training of important working groups but do as you wish)
- Set Education Prios (edu and health stuff higher in the beginning)
- Get Health up (takes the longest)
- Get Transportation up (takes the shortest at first ~130 should do the trick)
- Put Quality of products that are bought for your country down to 120 for the moment as if you forget to do this you will loose a lot of money unseen, you can increase that when your country runs profitable
- Set Taxes (depending if you prefer State or CEO corps)

And depending on what you prefer and your playstyle:
- Dont buy Army


Allways remember those, and most important