The Economics Module(MoE) +Poll on Politics
Day 3,378, 14:56
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Published in Ireland 
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by
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by Johannes Cauf
Come one! Come all! Budding entrepreneurs and perverted voyeurs!
This is a lecture on the Economics module by your handsome Minister of Education. So listen close starry eyed dreamers, I'm about to tell you how to make some dough
The first step to any business is having the factory and supplies and manpower to create your product.
At the beginning you should have a basic ensemble for a food factory to create food for yourself, over time, you will produce more than you can use and you can eventually begin to expand and sell other commodities
To put it simply there are three types of commodities you can sell:
*War Commodities
*Domestic Commodities
*Manufacturing Commodities
1.War Commodities- War commodities are weapons(both for air and land forces). To sell this type of commodity you need a factory that can produce the supplies you need to create the weapons.
You could also just have a weapon factory and outsource and buy the supplies neded from other Sellers, but keep your costs and bottom line in mind or you might not make a profit.
Do not forget that you will need to hire workers too so don't splurge on supplies(my personal advice is to pay higher than minimum but never be the highest wage payer in the job market, if your products flop then you stand to lose much profit from your wallet if you pay the highest in the market)
2.Domestic Commodities- These commodities are food,houses,etc. Of the two named examples, food is the cheapest and easiest to sell as there is always a demand.
Houses are more expensive to produce(factoring in the wage costs you may incur) but also make the most profit if they sell. Of these two, you should start with food if you are new to the game and wish to specialize your business in domestic commodities, because it is fairly quick to profit from and cheap overall.
3. Manufacturing Commodities- This commodity is the cheapest in the market due to heavy competition, however it balances that out by the fact that most buyers buy in bulk.
Entering into this area of business is risky, your prices will more than likely fluctuate everyday to compete with other companies and there is no guarantee of profit.
However, it can help line your wallet if you are producing and selling them in tandem with other commodities
Sorry for the rather long winded explanation.
Hopefully this lecture will answer most of your questions, if you've anymore do not hesitate to comment and ask.
Shameless Insert!!!
I wanted to conduct a little poll regarding the average citizens opinion on:
1.Politics
a)Don't Care much for it
b)I care kind of
c)I'm an active observer
d) I'm an active politician
2.Current Form of Government
a)I am an anarchist
b)Meh couldn't care less
c)Great Job!
d) Down with this sort of thing
e) neutral
Give your answers in this way: 1d,2e (i think y'all get the point)
Give me your poor,your hungry and your poll answers, I am very interested to know the opinion of all of you regarding those two questions
Long Live Eire!
-Johannes Cauf
MoE
This is a lecture on the Economics module by your handsome Minister of Education. So listen close starry eyed dreamers, I'm about to tell you how to make some dough
The first step to any business is having the factory and supplies and manpower to create your product.
At the beginning you should have a basic ensemble for a food factory to create food for yourself, over time, you will produce more than you can use and you can eventually begin to expand and sell other commodities
To put it simply there are three types of commodities you can sell:
*War Commodities
*Domestic Commodities
*Manufacturing Commodities
1.War Commodities- War commodities are weapons(both for air and land forces). To sell this type of commodity you need a factory that can produce the supplies you need to create the weapons.
You could also just have a weapon factory and outsource and buy the supplies neded from other Sellers, but keep your costs and bottom line in mind or you might not make a profit.
Do not forget that you will need to hire workers too so don't splurge on supplies(my personal advice is to pay higher than minimum but never be the highest wage payer in the job market, if your products flop then you stand to lose much profit from your wallet if you pay the highest in the market)
2.Domestic Commodities- These commodities are food,houses,etc. Of the two named examples, food is the cheapest and easiest to sell as there is always a demand.
Houses are more expensive to produce(factoring in the wage costs you may incur) but also make the most profit if they sell. Of these two, you should start with food if you are new to the game and wish to specialize your business in domestic commodities, because it is fairly quick to profit from and cheap overall.
3. Manufacturing Commodities- This commodity is the cheapest in the market due to heavy competition, however it balances that out by the fact that most buyers buy in bulk.
Entering into this area of business is risky, your prices will more than likely fluctuate everyday to compete with other companies and there is no guarantee of profit.
However, it can help line your wallet if you are producing and selling them in tandem with other commodities
Sorry for the rather long winded explanation.
Hopefully this lecture will answer most of your questions, if you've anymore do not hesitate to comment and ask.
Shameless Insert!!!
I wanted to conduct a little poll regarding the average citizens opinion on:
1.Politics
a)Don't Care much for it
b)I care kind of
c)I'm an active observer
d) I'm an active politician
2.Current Form of Government
a)I am an anarchist
b)Meh couldn't care less
c)Great Job!
d) Down with this sort of thing
e) neutral
Give your answers in this way: 1d,2e (i think y'all get the point)
Give me your poor,your hungry and your poll answers, I am very interested to know the opinion of all of you regarding those two questions
Long Live Eire!
-Johannes Cauf
MoE
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Comments
Pertañax
https://www.erepublik-deutschland.de/en/tools/company-calculator
Interesting tool if you are interested in eR economy 😁
Nice article, your audience should take note.
I would like to be more active politician. It's difficult to maintain interest as time goes on. Anyhow...
1.d., 2.b.
Damn, after reading the title, I thought it would be about the much promised holding company rebates... Guess that is another CP failure.
Anyway, good education article. In regards to your poll:
1. D
2. F = Current form of government is a mixture of two, still waiting to see what side of the fence they settle on
If you can do so much better, run for CP ffs
My 6yr old nephew could do much better. But considering I am only 70% active for the time being, I won't run... Even if that's still 50% more active then you have been
1 d
2 c
Great article!
1d
2a