Thoughts: Dynamic Economy, Business Types, Events, etc.
Potential for Economic Phases/States (See Simcompanies game as example):
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Boom ~20% Time: High Retail Demand, Premium Import Prices (Shortage), Low Production (Shortage), Labor Shortage/High Labor Costs, etc.
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Normal ~60% Time: Normal Retail Demand, Normal Import Prices, Normal Production, Normal Employment/Labor Cost, etc.
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Recession ~20% Time: Low Retail Demand, Discount Import Prices (Surplus), High Production (Surplus), High Unemployment/Low Labor Cost, etc.
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Economic state resets every ~30 or more Days.
Potential Business Types:
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Staple Businesses (Relatively Stable Demand & Supply):
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Businesses: Supermarket/Groceries, Personal Products, Drug Stores, Liquor Stores, Fast Food, Coffee Shops, Law Firms, etc.
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People buy these items regardless of economic state with the occasional import commodity shortage that drives up prices with minimal or no demand impact.
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Cyclical Businesses (Variable Demand & Supply):
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Businesses: Gift Shops, Jewelry, Fashion/Clothing, Autos, Furniture/Appliances, Electronics, etc.
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Demand depends heavily on state of the economy, tourism, etc. Importers/Producers charge premium in boom and offer steep discounts during recession.
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Potential Events/Seasons:
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Holidays/Holiday Season: Thanksgiving, Christmas, Valentine’s Day, Easter, etc.
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World Events: Economic Boom, Recession, War, Natural Disaster/Weather (that damages Crops or production facilities), etc.