Traditional education taught that human economic development progressed from hunting to stock farming and then to agriculture. However, the only real difference is that stock farming is an economic method of obtaining food by domesticating livestock, while agriculture involves domesticating plants. Therefore, this three-stage development theory is no longer accepted. Instead, the development of human civilization can be seen in the evolution of transportation. To understand the nature of how the world changes, we should observe the development of transportation. The increasing speed of movement is the main evidence that society is changing rapidly. - Joseph’s “just my thoughts”
If a New Zealand fisherman catches a seabream in New Zealand, he makes a profit of $9 per kilogram, but if a tourist catches it, $88 goes back to New Zealand. This is because to fish a seabream, the tourist has to spend money on flights, hotels, and all sorts of rentals. The opportunity cost and value-added will change as B2B becomes B2C. - Joseph's "just my thoughts"