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A phone can be used to call for help in a medical emergency, find information about crop prices, enable cashless transactions and banking services, or simply save someone from making a long journey when the only option is to visit in person.
In places with bad roads, unreliable postal services, few trains and parlous landlines, mobile phones can substitute for travel, allow quicker and easier access to information on prices, enable traders to reach wider markets, boost entrepreneurship and generally make it easier to do business.
As with language, prices enable people to form mutual expectations.
This approach can potentially be integrated with online data systems to predict water allocation prices, enable better water allocation trade decisions, and improve the productivity and profitability of irrigated agriculture.
Affordable prices enable teens to customize and individualize their fashions, while spending money on their own terms, and to shop with friends -- and without parents.
Price is undeniably an important factor in access, and lower prices enable greater access for the same level of funding.
Similar(54)
Depressed commercial real estate prices enabled it to buy its new headquarters at a discount.
By 1999 the increase in property prices enabled me to release £90,000 equity to invest in my business, Match Bar.
That demand has also driven up mining companies' share prices, enabling the big firms to buy smaller ones.
In return, buyout firms extracted lenient lending terms at low prices, enabling them to borrow more as they bought ever-larger companies.
And the windfall profits reaped by agricultural exporters, thanks to record commodities prices, enabled many of them to finance new projects out of earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com