How To Make BIG Money From COAL! - Victoria 3 

The best thing about paradox games when you play them for the first time is you have no idea what is going on at first then go to RU-vid learn close to nothing comback to the game and repeat until you get somewhat good

I like how each paradox game, based on their time setting, actually have different focus in gameplay like how it should be. The things that matter and should be microed in Ck can be ignored in EU etc. one thing all paradox do share in common is that you would feel being hit by your head with a stick the first time you play 😂

CORRECTION: You did get a economy of scale bonus for construction sectors. So DO stack them

A 22 minute video explained more about Victoria 3 economy than 3 hour long guides Cheers man for a perfectly good guide

You can create some instant domestic coal demand by changing your city centers to use lighting. I learned about scale (dont build 1 coal in each state, build in same state til maxxed) and decree throughput(which stacks nicely with scale for smaller nations). Thanks for the lesson!

"Build guys just build, nothing bad happened In the 19th century only good thing definitely era of peace and human Innovation dedicated to peace"

better guide than 99.9% others, good shit dude

Please more! Easily the most instructive of the early Vicky 3 videos I’ve seen. Thanks, Dave.

Super great video! Very detail heavy, but love how you keep the speed up, and just explain and show what your doing, and why .. and .. then just get on with the next thing. And love how you take each "problem" that rise and explain how to solve it.

Wonderful video Dave, we need MORE of it. Radicals seems to be a big issue with high taxes but as far as I understand, there might be nothing much we can do about them in the long run.

The main reason to not do this is if you want the factories to have different settings, since settings are applied per province. For example, Shipyards have settings that can either make Steamers or Clippers, but not both. You need Clippers throughout the whole game as that's the input for Ports to make Convoys, so if you only have one Shipyard and you convert it to Steamers, you won't have a source of Clippers for your Ports anymore. To a lesser degree, the problem also happens with Fertilizer/Explosives, Small Arms/Cannons, and Glass/Porcelain, though those factories can still output both unlike the Shipyard which is just one or the other.

Best guide I’ve seen for Vic 3. Thanks!!!

I tried figuring it out on my own, but I didn't realize I needed to set up my own export routes as well

thanks dave that explained a lot of the things that I didn't understand in this game.

Hey, it has been entertaining and educational and straight to the point. Please keep doing the great job! The best vid on vic3 economy that i have found so far! Looking forward to the one explaining how to embrace the industrial revolution :)

Feedbacks best at training us in paradox games. fast, direct and on point. keep going, sir!

Thanks! Very good video! A similar video on standard of living would be cool!

Nice video, useful and to the point. Compares well against the super long ones and stale memers.

Learned more in this than 10 hours of other tutorials. Cheers!

I've watched a few Vic videos so far but I feel I've learnt more from your video than the others combined.

amazing video!!really well explained, help me a lot, thanks and looking forward for the next one

I might actually prefer this game over hoi4. Mostly because I love economics. Especially when they are realistic.

I'm both a commerce student and someone who's watched a load of Vic3 videos already, so none of the economics stuff was new to me. What I did learn that will make my playing experience more enjoyable is holding Alt while clicking to jump something to the top of the construction queue. Beautiful.

Great tutorial man, bassicaly explained how to play the game without making us feel like we are in a lecture.

Amazing, superb!! Can't wait to see you reaching rank 1 as Spain!!

excellent tutorial my dude, explained stuff very succinctly

Thanks for the video, very helpful! I hope you do one on colonization in the future, because I just got my first colonies but cannot make them productive.

Great video! I'm really looking forward to the next one in vickey 3. I was trying to play today and found out just chasing the little green dollar icon does nothing lol.

Okay I think this video finally broke through to my monke brain when it comes to understanding the economy in this game. I’m guessing this can be applied to most of the goods in the game. More of these shorter tutorial videos would be awesome, I need this shit beamed directly into my head.

good and not boring video, keep going!

This was good and entertaining :) A better way of learning for sure

This video helped me in 2 instances where I was stuck

Yeah very useful info! Made vic3 seem a little more straight forward thanks!

Useful and well-presented.

Excellent stuff!

You don't get a throughput bonus from construction sectors but you get the state construction efficiency bonus which can really cut down the cost of buildings.

Thank man, definitely helpful for me

Ive been playing the game for the last 2 days pretty hard. But there are some good tips here that i didnt know. Thanks!

Comparative advantage and the Spanish coal monopoly -- sounds good to me!

Thanks for the video

"I think I'm gonna go with Aragon..." *chooses Valencia*

Great video, this is one of the best out so far on making money. Most of the rest of them are generic stuff that is obvious after you play for 30 minutes

Thank you so much for this video

Something important about Bureaucracy is that the negatives and bonuses are based off the ratio between the usage and production of your bureaucrat score. If your usage is 10 percent more than the production, then you lose 10% taxes, but since the government buildings add a flat amount, there are some diminishing returns, it won't always be a 5% increase, as your total production can end up being over 1.5k by the mid game,

Finally had a play throughout where I could sustain my profits...thx for that! Ran into abit of problems once I went for steel mills tho....number ine in the world for iron and coal but no luck with steel...guess i need to create an internal demand for it?

Best economy tutorial

The most important button in this game is auto expand, cause it drastically reduces micro to a human capable level. Justo auto expend resourse production and focus on goods that require supply chains and generate a lot of added value which contributes to gdp growth. The problem though is that if you want to improve your level of life or destroy your ally economy in customs union you want your goods to be super cheap, which means you need super cheap resourses, so you have to micro again + subsidize resourse facilities

Ha! with all the shade being dropped on Potato, it's a wonder any whiskey gets made...

the graphics are so beautiful, it is really enjoyable to watch.

Good format for this video

Thank you 😁😁😁

aaahhhhh thats where i have been going wrong, i havent been putting enough into my construction, i have actually only built enought so i could only build 1 construction at a time. thanks xD

I have watched seven videos that promised I would be comfortable with the game after their quick tutorial, only to run into a debt spiral in the 1860’s every time, without exception.

Min-max, the philosophy of paradox games

construction sectors give bonuses in the state you build them.

actually usefull video

4:02 I don't think you get the "State Construction Efficiency", because you decided to construct your construction centres here and there. My understanding is that this bonus only affects things being constructed in the state of a construction centre. So generally you want to build a tall pile of construction centres in the state which you want to be central for your economy, where you will spend a lot of time building. That's just another kind of "economy of scale", even stricter in the sense that in this case the pile of construction centres needs to be in the same state as your pile of factories, while if the construction centres were using the same system as all other buildings then you could scatter you workforce into one construction state and one factory state.

Great video. You dumbed down the concepts that even I can understand this game. Can't tell you how many paradox games I've bought and have failed to understand the game mechanics they throw into these games or the actual objective behind it. Well done!

Very helpful.

Great , Dave!!

Great video. After about 14 hours, playing with cheats to stay afloat and test the best way to earn money I've caught on to much of what you've shown here, with the tools needed to produce coal, making them cheaper etc. never though about avoiding railways though. great tips. Also, in the "market" view there is a toggle that you can change, (if I remember correctly) you can set the specific import/export to prioritize domestic use or prioritize export or neutral. Because I noticed that as I was diversifying my economy with engines, locomotives, Ironclads, etc. that I continually couldn't get the resources needed, mainly steel. So I looked in the market tab and found that toggle and set it to prioritize domestic use and it brought my income up drastically because it brought the demand for resources down.

Somehow I just always end up in a crippling dept spiral.

Best explainer Ive seen by far. Thank you . Watched it three times already

Construction sectors don't have economies of scale but they do have state construction efficiency, effectively making buildings cheaper to construct in this one state. One should always designate one state as the "main hub", it should start with a big population, get permanent Greener Grass, permanent Road Maintenance, permanent Encourage Manufacturing and maxed construction sector. If it's not the capital it should be made the capital but for most countries the original capital is a fine choice. In this state you only build urban buildings, no rural, no resources. Once you run out of peasants in this state migration towards it will increase. The high wages there will increase SoL more than if you dispersed construction early on. The urban buildings with high throughput effects will still remain productive enough.

It is difficult to explain to others that I enjoy games that you need to do homework and start over a dozen times before you know how to play.

best tutorial yet wow

Deficit spending the game.

The north fc experience

"Unhealthy economy, we will worry about that later". Unrivaled realism.

More of this, need more coal.

@FeedbackIRL Could you do Finland sometime in the future =?

Epic brah cheez meh. Colonisation and warfare plez eh?

Pls do more tutorials! I actually diddnt fall a sleep watching this one and learned something :)

Meanwhile me just completely leaching off the entirety of Europe by selling large quantities of grain during wartime

Thanks a lot Dave. Now, Brazil when?

So whatcha saying is….. do the gazprom tactic? Interesting

can someone explain to me what he did during the game, I don't understand very well the American language

As Spain you start off with a lot of random trade routes. Probably a cheaper way of starting than building so much admin?

Thanks.

well then regional fighting instead of provincial will be intresting

Koch Brothers Simulator

Another way to increase the price of coal initially in your market other than trade is to add gas lighting to your urban centers

Are there areas or countries where for example iron or paper would be a better option to make money. I think that all is based on demand but do you see same results with other resources but better in other countries (like silesia has 10% coal efficency)

Same Guide for Japan pls

I watched this guide, then decided to start up a game. I chose Japan. Half this guide doesn't work for them because of their Isolated Economy - looking forward to more guides about how to manage the political aspects of the game. I had an incredibly hard time getting things moving without being able to import and export goods.

Cold mines. :D

That money only go to that coal digger company. Unless you have economic laws that transfer into investment pool. Or you pass some law that also can be tax if the business booming.

Some games I do really good and make a ton of money and some others I go bankrupt immediately and I have no idea what I’m doing right or wrong

Coal is good for money making but what other commodities are? I can't imagine something like iron/wood would be cuz it would make the economy unstable since demand would sharply rise whenever you build and fall whenever you don't

ok Feedback, this was SO helpful. I tried playing VIC3 once today and had 0 idea what to do, i actually considered qutting it. Huge thanks, super helpful!

You build CIC to build more CIC

why no railways?

Processor doesn't support AVX, can't launch game, skill has nothing to do with it, but :shrug: you have a great way of explaining stuff even if i can not play myself, it helps me understand playthroughs i watch on youtube, and it is remarkable game mechanics it seems, but bare bones it seems, i fear it doesn't get forgotten by the time i get a new PC.

Call of Duty so good bro

¡ESPAÑA!

I've been playing this game totally wrong and wasted hours watching long youtube videos. Come here for some HOI4 by blood alone help and I've learnt how to actually play V3 in 20mins... Awesome

Why do u use 500 civs for eco why not 501

I love this video it's super useful! I just need someone to point me to where I can find the encourage resource industry button, it's the one thing he didn't really make clear. if someone can help me out I'd be grateful!

I bet his population ante him for the lack of clothes and furniture lol

Feedback is the only place to go for ‘guy who actually knows what he’s talking about and explains things clearly and succinctly’. 2 hours of a noob reading all the tooltips? No thanks!