Since its release, Monopoly Go has been popular with players. This game has attracted players’ attention with its simple and interesting gameplay and rich and diverse activities. In Monopoly Go, you only need to roll dice and invest in land, and you may become a real estate tycoon with your strategy.

The logic in reality is certainly not as simple as in the game. However, you can still get some economic inspirations from Monopoly Go.

The Early Prototype Of Monopoly Go And The Economic Factors Behind It

First, let’s take a look at the economic factors behind the popularity of this board game.

The Landlord’s Game And Georgism

The idea of games like Monopoly Go can be traced back a long time ago.

In the early 20th century, Lizzie Magie developed a game with the theme of rolling Monopoly Go Dice and investing in land – The Landlord’s Game. The inspiration for the board game Monopoly came from this.

Lizzie Magie’s original intention in making The Landlord’s Game was to let more people know about Georgism, or the single tax movement. This is an economic ideology first proposed by Henry George.

Henry George believed that land rent caused a lot of poverty. Compared with taxes on labor, the government’s funds should be obtained from taxes on land rent. Land should belong to everyone equally.

Capitalist Business Operation Methods

Georgism became popular in the late 19th century and early 20th century, but The Landlord’s Game did not attract much attention.

It was not until after Great Depression that Parker Bros acquired the game, repackaged it and promoted it commercially that the game finally entered the public eye and was sought after by many players. In the mid-20th century, Monopoly was widely popular.

With the popularity of smartphones, various games have launched mobile application versions. Monopoly also seized the international market in time and gradually became popular around the world. It adds a variety of interesting mechanisms to the game – throwing dice, spinning the turntable, lottery, multiplayer competition… Players actively create various derivative works for Monopoly, and this kind of gameplay has become a classic in board games.

Naturally, Monopoly has produced many variants, such as the now well-known Monopoly Go.

This game fully grasps the psychology of players, constantly launching new ideas and new activities, so that players always keep the game fresh. The various Monopoly Go Stickers launched every season to satisfy the appetite of collectors.

Although you can often see players complaining about various problems in the game on social platforms such as Reddit, in fact they are still enjoying it – constantly launching new activities makes them unable to stop playing Monopoly Go.

From this case, we can see how capitalism knows how to take away your attention. This is their business operation method.

What Economic Knowledge Can You Learn From Monopoly Go?

At the beginning of the game, all players will get the same amount of capital. Whether you can become a real estate tycoon in the future depends entirely on the decisions you make and your luck when rolling Dice. Reasonable planning of your budget, as far as possible to make the limited capital produce more value can make you stand out from many players.

Of course, the reality is not so ideal, at least everyone’s starting point is not the same. But the principle of getting rich is the same. Although the gameplay of Monopoly Go is simple, you can still get some economic inspiration from it.

Rational Investment

In Monopoly Go, investing in a piece of high-value land may make you win more than investing in a batch of ordinary land. Mindless investment in land will only make you lose a lot of capital without getting much return. This tells us the importance of rational investment. When making decisions, you need to reflect and consider how much value this piece of land can bring to you.

For a business manager, it is extremely important to judge the timing of product get and sale clearly. This requires you to have enough experience, a calm mind, keen insight and enough patience.

Diversify An Approach To Investing

Few players will focus on investing in the same type of land in Monopoly Go. If someone does this, he is likely to collapse the overall situation in some rounds of the game. The same logic is true in reality. Diversify an approach to investing can help you better resist market risks. When the market is down, a certain type of industry you have invested in may help you get through the difficulties.

Pay Attention To Cash Reserves

If you are an aggressive player, you may plunder assets everywhere in the game for Stickers you want. You may be rich at the beginning, but in the end you will often fall into the dilemma of not being able to operate funds.

This is very similar to reality. No matter what situation you are in, it is very important to ensure that you have some cash available in your hands.

In the early stages of business operations, many people will give up some profits in order to get the product started (even operating at a loss). You need to pay attention to this degree and always keep some cash to avoid your financial collapse.

It is not too difficult to become a real estate tycoon in Monopoly Go, but if you want to do the same thing in reality, you need to pay much more sweat than in the game. You can’t become a super rich person just by playing a board game.

However, if you just want to understand how capitalism works, Monopoly Go may allow you to get a lot of inspiration while having fun. In today’s world economic outlook, it is very necessary to understand this knowledge.