Quote from: Technology Topic

Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing 'trading pits' for the open-outcry exchange by brokers representing buyers and sellers.


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Author Bio


  • NameDale T. Mortensen
  • DescriptionAmerican economist
  • BornFebruary 2, 1939
  • DiedJanuary 9, 2014
  • CountryUnited States Of America
  • ProfessionEconomist