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>and you want to make your domestic widget industry as strong as possible. You've build in your whole sequence of decisions already when you got to that point.
by whatshisface 4y ago
>and you want to make your domestic widget industry as strong as possible.
You've build in your whole sequence of decisions already when you got to that point. Why do you want to make your domestic widget industry as strong as possible, even if that comes at the expense of the standard of living of your people along with the strength of other industries?
- Georgelemental 4y agoPossible reasons (non-exhaustive): - Flerovia is a rival, and diplomatic relations are rocky. They could cut off your critical widget supply, or raise the price, at any time. You want protection against this scenario. - Slebovistan is a poor and undeveloped country. All your domestic manufacturing industries are terrible compared to rivals. If you don't build up at least a few of them, you will remain poor and undeveloped forever. - Scientists believe that with sufficent R&D, they will be able to create new widget technology called "blidgets" that will revolutionize the world economy. Whoever gets there first is guaranteed endless riches. You want to win the blidget race. - etc…