Not sure if this is technical or not but...
Why isn't my economy going up? I've applied tariffs and given two huge tax cuts, but it hasn't improved at all in the past two weeks. Am I just not waiting long enough or what?
Qaaolchoura
02-10-2003, 02:48
Sometimes increasing certain economic freedoms crashes your economy. I've never actually tried it myself, but, I've heard that doing everything that seems economically friendly except privatizing raises your economy.
Can you define privatizing? I'm really bad with economics (everytime an issue dealing with the economy comes up I have to post a message and ask others what to do)
Can you define privatizing? I'm really bad with economics (everytime an issue dealing with the economy comes up I have to post a message and ask others what to do)
Privatisation is allowing private companies to take over the running of something which wouldn't normally be run by them (or isn't currently run by them). Real world examples would be something like a private company bidding to erect and maintain prisons or (at least in Australia) provide materials for elections - ballot papers and so forth.
There's an issue, for example, dealing with what to do about the beaches in your nation. One option to to charge people for using them and the other option claims that the first is privatisation - which it probably is.
Oh OK thanks, I get it. Also, for that option I chose to revitalize the beaches by raising taxes, so that was the nonprivatizing option, correct?
Qaaolchoura
02-10-2003, 03:06
Yes.