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Commerce is about Time and Location

Across human history, empires have been built by mastering two critical elements: time and space (yes, season and location). Orji Obinna in this piece explains the heart of commerce and industry. If you read AO Lawal Economics textbook, in secondary school, you would understood that location and localization of firms are critical factors on the utilization of the factors of production.

"Finally, this article has been written purely to reemphasize some basic economic principles that have led many without formal education to economic prosperity even though they did so instinctively. You see them everywhere from Alaba to Aba to Sabon Gari or Onitsha. It has also been written for anybody out there who is interested in making a few more bucks just by playing around space and time, even though you aren't an economic genius or an entrepreneur with a killer idea."