Why does the development of foundational infrastructure like electricity distribution typically generate more wealth than discrete consumer items?
Answer
They enable virtually every other modern industry and economic sector
Foundational infrastructure acts as a platform upon which all other commerce is built. By providing a necessary utility like electricity, these systems become essential to the function of factories, entertainment, and digital processing. Their total economic value is derived not from the sale of a single item, but from the cumulative economic activity, GDP growth, and employment opportunities they facilitate on a global scale.
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