Section 3: Technology
Moore’s Rule: Every 2 Years the Cost of Computing is Cut in Half
- The combination of significantly lower cost of international communication ($ per min in 1968 vs $ per min 2020) and in the introduction of ocean going container vessels ($ in 1968 per ton vs $ per ton in 2020) concurrent with more open trade agreements accelerated the expansion of global trade ($1968 vs $ 2020)