Today we turn to the food supply component of the cycle of prosperity. At the core of the food supply is crop production. With the exception of what few hunting and gathering methods are still used, most food comes from domesticated crops or animals that feed on crops.
Arrow B
Historically, food supply has been directly related to arable land. With no means of improving production within a fixed area, acquiring more land was the only way to accommodate a growing population. Rev. Malthus’ analysis that population can expand far more rapidly than the food to sustain it was quite accurate.
Apart from population growth, there were other persistent threats to adequate food supply. Droughts, floods, and other natural disasters could severely disrupt food supplies for extended periods. War and civil unrest could also radically reduce crop production. Periods of starvation and want were accepted as part of normal human existence.
Even where the food supply was somewhat stable, the foodstuffs available in any given society were frequently incapable of delivering the caloric and nutritional intake necessary for the vigorous year-round activity we engage in today. As we will see in the next post, increased and improved food supply is one of the most significant factors in human capital development.
Arrow A
The primary input into the food supply is technology. As we saw in the last post, innovations in everything from crop rotation, to irrigation, to fertilizer, to seed selection and modification, to machine power, to more efficient transport methods, to advances in refrigeration and packaging, and a myriad of other innovations, have of all contributed to expansion of modern food supplies. It has been advances in this technology, every bit as much as industrialization, which has made the escape from the Malthusian trap possible.
Arrow J
Markets have led to an incredibly high level of coordination and synchronization of food production and distribution, thus making production and consumption more efficient. Trade has made the net exchange of non-food items for food items possible for societies that are weak in agricultural resources and created income for societies with abundant agricultural resources by selling food.
We turn next to human capital.
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