I agree that that it would be silly for one to exchange something of value for something of less value. However, each product that has "value" is valued differently to each individual. One may value a car over a house because they do not mind a less valuable house. I like how you stated
The economy is not a thought-out plan, rather it is something that comes about when humans create and interact with others.
I think that is were our generation goes wrong. You see all this reels on social media that talks about "get rich quick". Having this implanted in our heads, people think they can plan or anticipate how the economy will change over time. You can only do what interests you and hope that it will make a big enough impact in the economy. In addition, I would have to disagree with you to some degree when you said that tourism is a negative impact to an area. I think there is a lot of good to tourism. It can bring more revenue to that place, giving more job opportunities to the locals as well as giving the city a chance to grow and expand. Sure, it can make prices go up but that is due to the stream of money increasing as well. In addition, I think it is a good thing if you cannot keep up with demands. It shows business is going well and you have a constant audience that is intrigued in your product. I really like the way you worded how an entrepreneur cannot only meet the needs of their customers but most importantly, anticipate them. Knowing what the consumers want before they even know what they want is a huge way to get a jump start ahead of your competitors. I agree that using the cheaper option is not always the smartest move. Sure it may cut our production cost in half but in return the product may be less reliable and prone to breaking. Ultimately, resulting in less sales. The production process goes way deeper than just a product on the shelf, like you explained. There is the process of getting all the materials, paying the employees, and trial and error, the process that the consumer does not see. I loved reading your article and helped me view economy through a different perspective.