CHAPTER 8

What Next?

From the time of the agricultural revolution through the industrial revolution and information and communication revolution and until today, the economy, which refers to the system in place for the production, distribution, and consumption of goods and services (i.e., exchange of values), has changed immeasurably at both the local and the global scales. Since antiquity, agriculture, defined as the primary sector of economy, has been the basis of life and economics. However, the industrial revolution shifted economics’ center of mass to the production of goods, or the secondary sector of the economy. In general, both sectors focus on the transfer of tangible values or goods from a producer to a consumer in the sequential steps ...

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