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An early argument put forth to highlight the benefits of agriculture was that it required less time than hunting and gathering. Hunters and gatherers were sometimes characterized as unstable, living on the edge of starvation. Research, though, has indicated the opposite: that farmers are indeed the ones who routinely work longer hours and are more prone to food shortages and crop failures. Discuss the costs and affordances that each subsistence system has.
Middlemen
People who buy and sell goods or services or arrange trades. A middleman reduces transaction costs.
Transaction Costs
Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.
Internet
A global network connecting millions of computers, enabling the exchange of data, news, and opinions.
Transaction Costs
The expenses incurred when buying or selling goods or services, beyond the price of the goods.
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