Victoria 3 - A Beginners Guide to the Economy (Victoria 3 Tutorial)
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- čas přidán 29. 05. 2024
- Victoria 3 Economy Guide - for beginners, and players looking to quickly learn how to play Victoria 3 or get a refresher on how to run an economy in Victoria 3. This Beginners Guide to the Economy in Victoria 3 will teach you everything you need to know about the economy in 10 minutes or less, from construction and building in Vic 3, to managing supply and demans in the markets, and your laws and interests! Here's how to run and fix an economy in 10 minutes or less! #victoria3 #tutorial #gaming
Contents:
0:00 - Victoria 3 Economy Guide
0:30 - Taxes, Taxes & Taxes
2:05 - Expected Standards of Living (the why)
4:37 - The Markets: Supply & Demand
6:00 - Fixing an Economy (domestic)
6:50 - Fixing an Economy (Trade in Victoria 3)
7:45 - Reaping the rewards
8:23 - Construction
8:55 - Economic Laws
9:44 - Strategic Interests & Trade Agreements
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Learn Victoria 3's Economy in just 10 minutes!
Victoria 3 - A Beginners Guide to The Economy
Victoria 3 - A Beginners Guide to the Economy (Victoria 3 Quick Start Tutorial) - Hry
I initially read that as "how to ruin an economy in 10 minutes". I don't need a tutorial for that.
Might be a good what not to do thing. One Proud Bavarian's Belgium disaster save video is a good example.
Just need to ask any European leader how those Russian sanctions are going. Especially Germany.
How to ruin an economy in 1 minute:
Lock everyone in their homes
@@nobodynowhere21 I don’t know man. Russians are buying iranian suicide drones at a way higher price than they cost to produce. So their economy don’t look that strong either if they can’t make their own
@@nobodynowhere21actually quite well :)
I've tried playing the tutorial as Sweden for Vic 3 a few times now and it told me nothing about how to manage the economy. It showed me how to do the things, but at no point did it show me where the supply and demand was or how to make my buildings productive.
For example, it tells you to build an art academy and at no point did it tell me how to make it productive. I stumbled on one way to do that when I started exporting fine art to the UK and it immediately started making money.
This video has proved to be far more valuable to me than one of the offical tutorials has. I mean, the Swedish one didn't show me where to look for the products in demand or at least how to determine what is in demand. Something as important and basic as this and it tells you nothing about that.
Thanks for your video, it has helped a lot
I mean the game is major shit. It runs forever and nothing happens. Whoever made this game, hasn't understood any gaming basics. For that it's pretty involved. Really crazy actually, someone makes a product to bad. There are entire reddit forums full of that people cant play it because actions are so super slow.
I think the construction sector is better when bigger. Short term it takes a huge toll on your Economy and ressources (especially early in a small Nation), but it scales incredibly. It drives the Economy by the goods Input needed, which increases demand and boosts existing industry and Ressource sectors, creates Jobs (and therefore Tax revenue and Pops spending Money/ goods demand), while simultaniously creating new industry and ressources. it is THE driving Factor of economic growth
Do you have any tips for expanding your construction sector without bankrupting yourself? It just costs so much with construction.
@@DreadlordMik produce the building mats yourself. Invest in wood and tools early on. Aswell clothes, grain and services to make the basis of ypur economy
@@DreadlordMik "Do you have any tips for expanding your construction sector without bankrupting yourself? It just costs so much with construction."
Build construction until it drops to the minor deficit (white number) and then stop. Whenever, you start going back into green while constructing, either add an infrastructure/bureaucracy building or another construction sector. If there's any emergencies, you can pause construction and jump back into the Green.
@@jeffjwatts That’s what I did, I’ll be honest I’ve never been good at any Vic game because its less military focused like hoi and eu4, but I really get the charm of these games now because its so rewarding to watch your work snowball and watch green line go brrr
Great info in these comments. I was so excited for Vicky 3 to be released even though I had only barely played EU4 needless to say I was very unprepared for what this game really was. Finally looking to get back into it after a few patches and updates and all these tips will be so helpful in me getting to enjoy this game!
Just the first three minutes of this video has been incredibly helpful
your father in law has been helpful!
Loving these VIC3 videos!! More play throughs please! Keep up the great work!
btw if you do that qing grain import, prepare for some shenanigans. the ai can be kinda silly, and will see that you have an amazing supply of grain and everyone will start importing from you. I don't understand why they don't import from the qing themselves, but somehow you will end up as the chinese grain middle man and you will have to build a bunch of ports just to keep up with everyone buying your grain.
The reason why they dont import from Qing is because they need an interest there to do it.
So, can I just add a random interest in the EIC to get access to their trade routes? Or what do you mean by that
@@coldfist89 that makes sense, but since I added the interest simply so I can trade with them the AI should do that as well right?
@@luisricardolozadaamaya670 you can add a "random" interest, but I guess if your interest in the region is only for trade it doesn't seem so random to me.
Maybe a lot of little countries in Europe don't have the convoys for it?
LOOK AT THIS GRAPH! Is the best way to describe Victoria 3
This is the most helpful Victoria 3 video I have seen yet! I can finally play the game! Thanks so much!
You are a really good explainer and entertainer Jumbo, keep it up!
Glad the update planned for December will make seeing the pop’s needs easier. So weird such vital information was hidden in a pop up menu
also it is posible to lower demand by supplying other goods that meets the same need. you can for example you could try to make canned food rather than expanding your grain production
thank you this helped a lot
Hi Jumbo, quick question: How do i Provide cloth and furniture to My lower Class when there are No profitable trade routes and i have to Focus on luxury Produktion? Currently trying to pull of a belgium Play but I feel Like I cant execute correctly cuz My lower Classes Standart of living is Not growing so i try to Help them Out but in Turn cant Provide more amenities to the middle and upper Class. Should I Just ignore My lower Class for the First five years or so to consolidate My finances?
Any Help is much appreciated. Thank you in advance!
I wanted to say "greetings from Ukraine" and thank you for the explanation, your content is very useful, it's a pity that there are not enough views
how would you build an eco from the ground up, like say if you are playing Venezuela. what would you prioritize first?
As always, base resources first, until your used goods are low cost, then focus on coal as much as you can so you can sell the excess. Use that money to expand the construction and then grow from there, always make sure you expand from the bottom up. Never que up 20 of the same resource building at once, better to build 3 at a time and mix it with other things you need,
My advice for every country with Europe roots: Basic needs( Food Wood Iron Tools paper) then First Industry cloth tabels Glas at this Points IT IS about time to RAID and Sack the poor Guys and make Them vasalls in Indonesia you can find some with a Military about 1-3 Units ... Before make netherland and britisch Guys Happy, then you should be Strong enough ...Go straight for Siam and Vietnam and puppet Them , Money should flow now and ist IS time about Bully Mexico Kalifornien got Gold and oil ... dont fear Credits and allways exploit your peopels (consume tax Service lusux products and alcohol)to the max at the beginning high wages are use less at the Beginn but you shouldnt rase the taxes to high because they Malus will screw you up.
i usually try to get the basic construction off the ground first in minor nations.
construction->wood->tools for more wood->cotton/ranch for fabric->iron for more tools->coal for atmospheric engine for more iron->switch to iron frame construction->iron until youre about even on supply/demand->steel mill for more tools (when you get the tech for it)
then after that, you can pick something to focus on. exporting either luxury clothes, luxury furniture, or porcelain are usually pretty good bets early on, depending on whether you have silk or dyes available. if not, luxury furniture is always a decent choice. groceries are also good because they are wayyy more efficient than grain for food to feed your people.
and from there you should have a decent income to start to diversify.
Hey Jumbo, Could you make a video talking more about radicals and how to more efficiently control radicals. My experience is it seems broken, especially with 100+ million population.. or maybe I am missing something.. 10 years from 1936 america run got ruined by a revolution that I then lost. Sigh.. one group at 9.2% clout and another marginalized at 0.2% demanded cultural exclusion they were about to revolt, so I placated them and passed the law. The approval went from -5 to -6 after the law passed. So I tried to make them happy only to piss them off more? Confused...
Same. The few runs I’ve tried my country gets ruined by radicals about 60-75 years in from political groups not in my government with less than 10% clout. Very confused as to what I’m missing
@@mjaehn I learned today that secret police and dedicated police force at max institution level is the way to go to prevent revolutions. Haven't tried it yet, still salty about my last run loss. I only play ironman..
if you run with guaranteed liberties, and actively try to increase standard of living,with low taxes, you always end up with massive amounts of loyalists, and few radicals
Prioritize your home affairs institution and try to pass lesser laws that improve standard of living while lowering the prices of everyday goods. Particularly with consumption taxes, try to stick to luxury goods.
Am trying to play Schleswig….what should I prioritise…aside from getting independence from danish market…their market is awful…
Great video! But somehow when i play as germany (formed) and got up to 1906 year normal taxation from game start is per capita i think. So if i wanted to switch to proportional it says i will make -200k but if i would change to land based i will make +180k . I dont get it and im confused+ i cant switch to it bc my people dont want to :(
Are the junkers (land owners) the most powerful group and own everything in your country?
The more laws that support them and the more money they have the more the land based tax will affect them.
If you want social changes towards the laws the intellectuals, industrialists or workers want you need to pass laws that weaken the junkers.
Move away from laws that give them power like local police force, voting laws that favor them, and then when decisions arrive look for options that give them less following.
Also make sure your building are not privately owned but public or some other, because privately owned create landowners.
@@arcticwulf5796 it was intelligencia and the Soldier thing
Thanks for the Nickel Back Jump scare heres your like
You can change the policy to only consumption tax. Then, not give any. And essentially have a society with zero taxes
The star on the market screen will make a pin showing your biggest 3 needs and biggest 3 excess
More videos please
I would add the discrimination law multiculturism is Importen too, better with Border controll and you shouldnt get a shortage of workers and this in a stable way.
Edit: many people means you can save coal and give away many Jobs per lvl of mines etc and use is for building where the benefit of coal usage is Higher
When I came back to watch this a 3rd time I was thinking “man, am I just stupid or something? I’m really not getting this, what am I doing wrong?” Now on my 17th re-watch about 8 months later, I’m feeling this may be less of a me issue and more of the fact that the games economy is total fucking bullshit and makes less sense than string theory on crack. I can’t help but feel that paradox may have screwed the pooch a little on this one
Normal tags on that nickelback pic like nickelback, vine and meme. Then randomly COVID lol. Who knew Chad Kroger was so ahead of his time.
when i am short on iron i build mines and stuff but then i have no workers for it, so i just wait and watch how my econemy does nothing, i dont know how to fill jobs and how to improbe my econemy
One rule : use exploit on market.
What exploit?
@@Ahria256 if you import back the product the ai imported before, you make double profits. Because profits are not calculate as trade in Real life. AI buy product from your market cheaper than it should be, its confirmed as a bug by devs. It was intended at first but it cause many issues as crazy imports by AI because AI don't build enought.
Good luck trying to keep up GDP-wise with Anbeeld's AI mod AI when you aren't remortgaging your house and first and second born children in order to build more construction sectors.
Low taxes make pops have a higher standard of living and help with inmigration
6:06
You sound like your from NZ
This video should have been included in the tutorials that came with the game. Not that Markets drek that's on there now. Well done!
Going from kaisereich to this is silly because you DONT Want the radicals here.!
construction simulator game
Can you give me a guide on how to stop those pesky Austrians stealing *all* of my basic goods through trade so I won't get a shortage on them?
Running Protectionism and setting all those goods to “protect domestic supply” helps. At least you’ll be taxing the crap out of them while they import from you.
@@Joefrenomics Doesn't really help when half of the entire country's population become radicals due to food shortages.
oh my god i hate thinking
This guy sounds British AF
first
würst
agreed
I love being too stupid to understand a simple guide
Taxation is theft 3
Possibly one of the most complicated games I've ever played