If you’re alone on an uninhabited island, you don’t need money; you only need resources and labor to process those resources for survival. In other words, there’s no need for an exchange-based economy. The exchange of goods led to the development of an economic system that dramatically increases efficiency and productivity. The monetary system was created because society consists of many people living together. To facilitate exchange, value had to be measured, and a price assigned to that value. The foundation of wealth is built on production and exchange. We all rely on others to survive. - Joseph’s “just my thoughts”
Rice has been the staple crop of the East, while wheat has been the staple of the West. Rice requires more water to produce than wheat. Rice farmers had to contend with the availability of water, which favored collective farming. Wheat could be grown with less labor than rice. Rice farmers lived collectively, while wheat farmers lived individually. Collective agriculture led to the development of societies that were governed by village rules. On the other hand, individual agriculture led to cultures that valued personal freedom and respect for individuality over communal rules. Patterns of agriculture have indisputably influenced social structure and culture. - Joseph’s “just my thoughts”