XP 133 Phoebus Cartel
You’re reading novel XP 133 Phoebus Cartel online at LightNovelFree.com. Please use the follow button to get notification about the latest chapter next time when you visit LightNovelFree.com. Use F11 button to read novel in full-screen(PC only). Drop by anytime you want to read free – fast – latest novel. It’s great if you could leave a comment, share your opinion about the new chapters, new novel with others on the internet. We’ll do our best to bring you the finest, latest novel everyday. Enjoy!
This happened in the case of the Phoebus Cartel. The cartel was a union of the major light bulb producers that forcefully lowered the life expectancy of light bulbs to 1,000 hours. They charged anyone who didn't abide and spent money researching how to worsen a product whilst simultaneously preventing technological advances.
Find authorized novels in Webnovel,faster updates, better experience,Please click for visiting.
But there were also quite a few undeniable benefits of such a cartel. The planned obsolescence of a product forces consumers to buy new products. This not only boosts the economy, but it also reduces the compet.i.tion in the given industry. In conclusion, it is great for the government and company, not so much for the consumers as less compet.i.tion leads to more expensive products and less development. Another point of view would be that since the companies earn more, the workers, who are also consumers, would earn more and thus be able to spend more. But that just sounds like a nice way of describing inflation (when there's so much money that it's worth less).
XP 133 Phoebus Cartel
You're reading novel XP 133 Phoebus Cartel online at LightNovelFree.com. You can use the follow function to bookmark your favorite novel ( Only for registered users ). If you find any errors ( broken links, can't load photos, etc.. ), Please let us know so we can fix it as soon as possible. And when you start a conversation or debate about a certain topic with other people, please do not offend them just because you don't like their opinions.
XP 133 Phoebus Cartel summary
You're reading XP 133 Phoebus Cartel. This novel has been translated by Updating. Author: OneFist already has 799 views.
It's great if you read and follow any novel on our website. We promise you that we'll bring you the latest, hottest novel everyday and FREE.
LightNovelFree.com is a most smartest website for reading novel online, it can automatic resize images to fit your pc screen, even on your mobile. Experience now by using your smartphone and access to LightNovelFree.com
- Related chapter:
- XP 260 Sports And Asthma
- XP 179 Webnovel Has Another Bug