Trade has created cities, countries and territories due to the fact that people need food to eat, clothes to wear and tools to make new things. We can not all build, make or do all things, we don't have the time in the day to do this (as the od adage says, time is money!) So that means that we have trade or purchase other services or products in order to have the quality of life that we want.
I SO enjoy the study of macro economics and how we the people the world are dependent on each other! Imagine for a minute what would happen if the person that removes your trash decided to not work for a week, we would all very clearly see the impact in the street of the excess trash. Well in the same way our economy is dependent on traders, people who can find products and move them to a place that the communities can find them. Traders are people who know how to find a deal and advantage and exploit it, better than other people in the community! Without them, our houses would be very empty and you would only be able to source products from those made in your nearby community.
Trading has become so much more specialized in the world we live today, with traders being experts in their fields and industry sectors. A trader of fruits, can not trade textiles with you, even though the fundamentals of buying and selling remain the same, the knowledge and expertise of the products needs to adjust.
Really good traders and trading companies also have the ability to foresee the markets needs and demands, preparing the stock for these demands before they happen. They do their homework and travel the world to find that right product.
Do you know a trader? What would be missing from your house if they didn't make their goods available to where you could find them?
I SO enjoy the study of macro economics and how we the people the world are dependent on each other! Imagine for a minute what would happen if the person that removes your trash decided to not work for a week, we would all very clearly see the impact in the street of the excess trash. Well in the same way our economy is dependent on traders, people who can find products and move them to a place that the communities can find them. Traders are people who know how to find a deal and advantage and exploit it, better than other people in the community! Without them, our houses would be very empty and you would only be able to source products from those made in your nearby community.
Trading has become so much more specialized in the world we live today, with traders being experts in their fields and industry sectors. A trader of fruits, can not trade textiles with you, even though the fundamentals of buying and selling remain the same, the knowledge and expertise of the products needs to adjust.
Really good traders and trading companies also have the ability to foresee the markets needs and demands, preparing the stock for these demands before they happen. They do their homework and travel the world to find that right product.
Do you know a trader? What would be missing from your house if they didn't make their goods available to where you could find them?
No comments:
Post a Comment