Economics and Geopolitical Strategy Lecture

Budget and Taxation

Budget: Close to a million; high taxation marginally increases to 1.19 million—deemed not worth it
Current Taxation: Very low
Government Expenses: High, for extra approval from interest groups and authority
Military Expenses: High, for extra prestige, projection, approval, and morale recovery

Current Economy: Stable with present construction sectors
Shortages: Massive shortages of coal and other resources causing economic deficit
Engines: Insufficient, with only 31 queued and 15 active; planning to queue another 20
Bureaucracy: Sufficient for increasing institution levels, but lacks required technology and legislation
1.73 Patch Updates: Added bonuses in technology spread, maximum innovation investment, etc.

Universities: Planning to build more to maximize innovation
Colonization: Heavy investment; improving colonial affairs to outpace British
Military and Warfare: Heavy investment in military for future conflict preparations against French and English
Colonial Holdings: South America mostly puppets; plans to reduce autonomy of certain protectorates and dominions
Territory Acquisition Goals: Targets include Sierra Leon and Cape Colony from English

British Influence: Largest power block due to initial starting locations
German Decline: Noted repeated loss of members by Prussia
Skyscraper and Electrification: Ongoing projects
Population: 1.5 million peasants available for employment
Achievement Goals: 'Bourbon for Everybody'—20 standard of living as a monarchy

Export Strategy: Focus on making trade goods cheap to boost standard of living
Institution Benefits: Max innovation investment and technology spread bonuses affecting education
Migration and Freedom of Movement: High immigration due to principles allowing better population management
Colonial Offices: Additional benefits in colonial growth and infamy generation against unrecognized powers

Recent Changes: Exploring potential changes in trade unions to industrialists but monitoring benefits
Political Strategies: Holding off changes until certain legislations like women suffrage are passed
Technological Research: Focus on maximizing innovation and researching everything quickly
Investment and Legislation: Facing limitations due to recent patch updates affecting colonial growth and legislation changes

Glass Shortages: High priority to resolve due to critical economic impact
Private Sector Issues: Inefficiency noted in private sector building placements causing reduced output
Resource Allocation: Focused on proportional taxation to boost income
Population and Migration Dynamics: Massive immigration waves boosting workforce and economic potential
Infrastructure Enhancements: Developing hospitals and healthcare to further improve standard of living

Colonial Affairs: Advancing to level 5; faster colonization impacting geopolitical influence
Military Modernization: Implementing trench infantry and exploring chemical and flame-thrower tech
Attrition Warfare: Noted heavy losses in wars influencing military strategy adjustments
Naval Power: Potential naval dominance with new technology (scout cruisers and dreadnoughts)
Resource Investments: Expanding military and economic assets; switching production methods for efficiency
Global Influence: Noted power shifts and maintaining alliances to stabilize geopolitical standings

Overall Progress: Significant advancements in most areas but noted limitations and need for strategic adjustments
Future Prospects: Continued focus on economic stability, military modernization, and maintaining geopolitical influence

Economic Strategies: Prioritize resolving shortages, optimizing taxation, and balancing investment in innovation
Military Strategies: Continue modernizing military and expanding influence through strategic territorial gains
Geopolitical Adjustments: Maintain and enhance alliances, use colonization to boost resources and global standing
Innovation and Education: Focus on maximizing educational institutions to drive technological advancements
Migration Management: Leveraging high immigration to boost workforce and economic output