Without the guidance of advanced theories, Spain would only promote a single trade in commodities, and would not allow the colonies to develop any alternative industries for the commodities exported by the suzerain, nor would they allow trade between the colonies, and in the end the whole of Spanish Latin America was full of smugglers and smuggled goods, and the huge demand was not satisfied, but it engaged in that kind of brain-dead policy that was not as good as blocking, which not only lost the profits generated by the capital export of the suzerain's capital in the construction of import substitution industries in the colonies and the benefits of reducing transoceanic transportation. There was also a loss of huge tariffs and profits from trade between the colonies. In the end, he also spent money to build a treasure fleet and an invincible armada to eliminate pirates and smugglers. If it weren't for the large revenues from the gold and silver mines and plantations, the economic environment that could not get in and out would have bankrupted it long ago.

In fact, Spain went bankrupt many times before the global partition of the late colonial era, due to the arrogance, ignorance, stupidity, and extravagance of the small peasant mentality of the backward Catholic papacy and the feudal aristocracy.

A rational state cannot spend all of its wealth on luxury goods and military spending, but always set aside a portion of it for emergency expenses or invest in profitable productive industries (farmland, water conservancy, and state-owned enterprises that provide public services are the best combination of government investment). Before the world entered the Industrial Revolution, the accumulation of wealth was arduous and slow, and every penny was a precious raw capital in the eyes of merchants, and in the eyes of the monarchs and nobles of feudal countries, it was public money that could be squandered by private individuals, rather than the start-up capital of national wealth. When the world entered the industrial revolution, the rich people who had been close to it had long since fallen into despair. Unable to come up with the capital of the revolution, its national strength had to be further and further away from those rich countries that were thrifty and thrifty, and it was reduced to a third-rate country.

Lee Ki is well aware of the tremendous benefits of rational and efficient use of resources to economic organization. When managing a workshop, it is necessary to establish a resource reserve system and an optimal investment rolling system. When it came to the decision-making level of the management empire, Li Ji still insisted on doing his best to snowball and engage in all kinds of short-, medium- and long-term investment and consumption.

Unlike later Spain, his main investment is to provide public service facilities in the fields of transportation, logistics, and circulation at low prices, while energy, electricity, agriculture and other facilities are almost all open to the public with zero thresholds, and the investments that can be regarded as consumption with no income or only ultra-long-term income are mainly higher education and vocational education systems. If, as was the case with Spain, all the proceeds of the precious metals and the looted wealth of the colonies were spent on military expenses and court balls.

In fact, military spending is also profitable, and each expansionary military campaign can bring huge benefits to the empire. The typical example is Pizarro's conquest of the Inca Empire, but Spain has benefited greatly from the early Arab expulsion and unification of the Iberian Peninsula and the mid-term conquest of the Aztec Empire in Mexico and the Inca Empire in South America. Unfortunately, in the later period, Spain could no longer afford to maintain the military expenditures needed to maintain its huge overseas colonies. The decline of the homeland and the demographic disadvantage relative to the colonies are becoming more and more obvious, the balance of resources has long been tilted, the era of a cavalry conquering an empire is no longer possible, and the era of giant ships and cannons is not a competition for tactics and troop superiority in the era of cold weapons. Rather, it is the height and scale of the overall industrial system of the country that determines the strategic victory or defeat.

The most terrible thing is not that there is no money, no people, no factories. It's the ability to correctly recognize one's own strength and the determination to make changes. For the overlord of the Age of Discovery, the colonies could only provide spices, food, gold, silver, and hobbies, but for the overlords of the colonial era, they could provide a large number of jobs and markets for the unemployed caused by the rapid increase in productivity. In the industrial age, the colonies could provide not only endless raw materials and scarce strategic resources, but also the soldiers and strategic depth to seize the world market. When resources will change from rich to scarce, that is, when the word colony disappears from the world, and colonies will become the core of the competition among the empires by virtue of the advantage of scarce resources, so they will inevitably be squeezed very excessively, resulting in a rebellious national consciousness and independent feelings, and finally will inevitably break away from the control of the suzerainty and become a politically independent country. Although only countries with a full-fledged industrial system can have the last laugh. But in the information age, resources are the core element that limits an economy.

Therefore, at the beginning, the crossing of the crowd eradicated the problem of the colony being unable to integrate into the native from the source. Like the U.S. in the U.S. seat on Guam's Congress, the overseas colonies were treated as areas with the same authority as the home provinces to enjoy the upward channel within the system and the Empire's Five-Year Plan for key construction investments. On the contrary, the density of a large number of construction projects and infrastructure construction is greater than that of the mainland (the starting point of the overseas countries that have not completed feudalism is very low, the infrastructure is basically zero, and the density is not enough to catch up with the local ones that have entered the early stage of industrial society even after 20 years), this kind of catch-up is not only to provide the market demand and capital export destination for local needs, but also to provide an extracorporeal circulation system that disperses risks, which can greatly alleviate the imbalance of resources. The population density of narrow villages with more people and less land will be converted into an ecological footprint that matches the national average productivity within 20 years.

Only those cities that have a competitive advantage can continue to develop and expand, and those that do not have an advantage are strictly forbidden by the imperial planning department. For example, new mining and commercial port cities can be expanded, while purely political core cities and agricultural cities cannot be expanded beyond the existing planning area. In fact, according to the estimation of the Crossing Public, it will be difficult for most of the cities in the empire to expand within 50 years, and as the Crossing Masses vigorously promote overseas immigration and the specialization of small and medium-sized towns, the net inflow of population that originally promoted the expansion of large cities can only become streams or even net outflows.

Taking Bozhou as an example, almost all of the prefecture capital are related to the medicinal material industry, in addition to the necessary clothing, food, housing and transportation services for residents and suburban fruit and vegetable bases, all the working population is in pharmaceutical workshops and medicine fields to make a living, this is not suitable for the development of commercial and heavy chemical industry urban agglomeration areas will focus on the sustainable development of advantageous areas, and make the industrial chain of medicinal materials research and development, production, sales and other industrial chains into the core base of the country. It is unlikely that Bozhou's plan will reach 1 million people and become a city-level settlement before entering the information age.

Xinjing, which is the most suitable for the development of various industries, and Shaoguan, which is rich in minerals, have won the favor of emerging industrial capital, and a large number of construction projects and foreign populations are constantly appearing in these cities that can bring wealth, providing a material basis for the expansion of these cities.

In the world at this time, the Chinese Empire did not need to consider any strategic layout and depth at all, and there was no opponent who crossed the crowd and did not consider the development of the third line or the five small industries in any place, and when the power of the specialized division of labor was large enough, the benefits produced by the small and complete industrial layout in that poor place were absolutely negative at the national level. This will be a great waste of resources and capital that have been obtained from various places with great difficulty. This optimal allocation of resources greatly reduces the waste caused by unnecessary repetitive construction and the ecological damage caused by over-development, and creates a perfect environment for maximizing resource utilization.

The evaluation criteria for officials at the local level are also key, not GDP, but human development indicators. Instead of looking at per capita income, we look at median income, not at the amount of investment attraction, but at the increase in new public service spending in the region; Instead of looking at the growth rate of government income, look at the growth rate of household minimum income and minimum wage.

Some areas have a large number of minerals, so in order to prohibit the situation of indiscriminate excavation and illegal mining and waste of resources, the residents along each vein are bound to these ore veins, and each family is given coupons and notes to purchase mineral and mining company options or stocks, so that these families can become shareholders of large mining companies, and spontaneously maintain the integrity of the ore veins and eliminate indiscriminate mining from the source.

For those consumer goods such as tap water and gas provided at ultra-low prices, a tiered price mechanism has been designed to eliminate waste, and the mechanism of doubling the monthly fee if the monthly quota exceeds the quota has also effectively eliminated waste.

In just 20 years, the total value of the available resources produced by the empire has increased by more than 700 times each year. Not only has the output of coal, steel, cement, timber, and non-ferrous metals, which are the cornerstones of industry, increased nearly 100 times, but the output value of grain and various food products has also increased by an astonishing amount. Almost all the workshops in the coastal areas were merged into modern and spacious factories, and the pace of industrial upgrading was very smooth, and after raising more than 300 large chaebols in one go, the people finally began to let go of those light industries and agriculture in addition to grain. A large number of new chaebols made their fortunes after buying all kinds of light industry technology and assets that passed through public auctions.

In order to maximize the optimal allocation of resources, the traversal also attracted a large number of allies, and suppressed and eliminated a large number of human factors and pig teammates that led to the imbalance of resources from a large scale and fundamentally.

By 1956, the empire's per capita income had reached a staggering 300 dragon dollars. This number has surpassed the second place Angkor Kingdom by 6 times, and many salt households and pearl households along the coast are each worth more than 10,000 yuan. In addition, after a large number of tenant farmers and yeoman farmers moved overseas, many peasant households in the inland villages also became new landlords and agricultural capitalists who bought large quantities of land cheaply. After the merger, the landlords were naturally better able to resist the impact of the decline in agricultural products, and the excess wealth was also squeezed out by the falling prices, and the real estate poured into manufacturing and commerce, providing the economic development of the empire with liquidity far beyond the virtual assets created by the credit and capital operation provided by the traversal. (To be continued......)