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- "Wealth circulates like blood, all parts partake."
– William Penn
Economics is an Exploration Age civic in Civilization VII.
Strategy[]
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Civilopedia entry[]
The regulation of trade and commerce was a feature of court life as far back as the Babylonians, but economics offers a more holistic perspective on systems of commerce. How are resources produced, managed, and distributed? How can this system be manipulated to produce the best possible results (and for whom)? Debate over such questions traces back to antiquity, e.g. the Han dynasty’s “Discourses on Salt and Iron,” which records free-market challenges to the long-standing practice of royal monopolies over certain goods. Arab philosopher Ibn Khaldun, the “father of economics,” was the first to propose a supply and demand curve, and to note that money had no inherent value outside of exchange, a principle that would (likely unknowingly) also occur to later scholars, such as Karl Marx.
In the later part of the Exploration era, issues of economics became vital to the survival of empires, as industrialized imperial centers required an influx of raw goods as well as a market for finished products, creating the mercantilist system that proved so vexing to colonies in India and the Americas. Counter to this were Adam Smith’s notions of free trade and the potential of a new economy…with new challenges.
See also[]
- Economics in other games
| Civilization VII Civics [edit] | ||
|---|---|---|
| Antiquity | Standard | |
| Unique | ||
| Exploration | Standard | |
| Theological | ||
| Unique | ||
| Modern | Standard | |
| Ideological | ||
| Unique | ||
| 1 Requires DLC | ||
