Production

Goods are generally classified into Trade Goods, one of 12 categories of goods traded internationally. Provinces produce through industries, in a number of capped slots, consuming a combination trade goods, labour and land/property to produce their own trade goods. Industries pay their workers, pay their owners, and use the profit to grow or decline. Land/Property is represented through a building system, where a number of real building units in various categories, such as Agriculture or Industrial, provide space for industries to consume and produce goods, up to grounded limits of the era.

Every province has 10 slots that each can contain an industry or be empty. At startup every province is assigned industries based on a group of factors including vanilla tradegood, population distribution, modifiers, and flags. Industries are set with initial values from a template.

Industries
All industries do the following things. Hire laborers and pay wages. Use land or property and pay dividends Buy and consume required input goods. Produce and sell output goods.

Every industry has a wealth value. Depending on how much wealth they have compared to their spending, they either increase or decrease their size. Depending on their size, they get labor demand. They fulfill their labor demand by hiring people, which cost wages. They also take space, which is provided by one of 7 buildings. Industries pay dividend to whoever owns the buildings that they occupy.

Depending on how much labor and land each industry were able to acquire, their throughput is set, where throughput <= size. Depending on their throughput, industries demand input material. Depending on how much of their last year’s input material demand was met, they set this year’s supplies.

After trade scripts are finished, if industries earned less than what they lost, their wealth decreases accordingly. If not, it increases accordingly. As wealth changes its size will also change to reflect that.As size increases, industry will hire more labor, consume more goods, and produce more goods. More labor demand means higher wage, more consumption means higher price, and more production means lower price. Combined, increase in size decrease industry’s profit rate while decrease in size increase industry’s profit rate.