BETTER MARKETS WITH CELLPHONES.

BETTER MARKETS WITH CELLPHONES. I posted recently here about how the Chicago Board of Trade provided better markets for Midwest farmers 150 years ago. The Sarah Corbett article gives a couple examples of how cellphones are accomplishing similar things in poor countries: Fishermen in southern India were able to increase their profits by 8% by calling prospective buyers before they got their cash to shore; in Nepal vegetable farmers use cellphones to arrange for more profitable sales.

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1 Response to BETTER MARKETS WITH CELLPHONES.

  1. Pingback: POOR FARMERS AND MARKETS. | Pater Familias

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