Victoria 2 economic policy upgrade#

Victoria 2 economic policy upgrade#

Wealthy capitalists will build new factories and upgrade railroads for you. This essentially transfers money from the state's treasury to capitalists, which will give you an edge once technological advances make RGO's more efficient and factories more profitable. Many nations will need to subsidize factories for some time while encouraging capitalists with their National Focus points. Having factories as early as 1836 is not necessarily bad (look at the UK) but it can be challenging. National focus on craftsmen would be disastrous: labourers and farmers would leave inefficient RGOs for factories, further reducing the availability of raw material inputs for industry. Labour isn't being efficiently used in RGOs due to inferior technology, thus there is no ready pool of labour to run factories.Between POPs and RGO inefficiency, there isn't enough coal to keep cement or steel factories running at full speed every day. For example, trying to industrialize early as Prussia causes factories to starve for critical resources half the time, even if they are factories that need something like coal, which Germany makes in mass quantities.

they are not extracted efficiently and in sufficient quantity) to fuel mass production.

The World Market doesn't have enough resources (e.g.

Artisans start out more efficient than industry and as a result will put factories out of business.

Industrializing early is difficult for even the most powerful nations.

2 Creating the foundations for industrialization.

1 The danger of early industrialization.