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There are various complex models for this, but the general explanation is fairly intuitive: Modern economies are built on a mass market. But if the great majority of people don’t have much (or any) disposable income, then there is no mass market, and it’s harder to start a business relying on any kind of mass sales.
Tags » Teddy Roosevelt
“It was an inspiring sight…”
Perhaps few individuals have had more impact on the modern history of grappling than Jigorō Kanō (1860-1938). The founder of Judo, Kano had also studied, gathered, codified, and taught traditional Japanese Jiu Jitsu, which would be brought to both America and Brazil by his own students. 1,162 more words