The US being a much wealthier nation has more advanced automation and industrialization of the food supply which ought to drive the costs down to be lower than that of a more primitive food supply.
For me that realization came when I watched a video on how frozen pizzas were made. They're made at such a scale and with such a sophisticated level of automation that in a little 5 minute video you probably see 10,000 pizzas roll off the line. Yet if I were to make that same pizza it'd cost me less than to just buy a frozen one. Why is that? Shouldn't all the automation and market competition drive the cost of goods down to just above the cost of the raw materials?
If I were to make my own gasoline I couldn't do it cheaper, so why isn't that true for a pizza?
The US being a much wealthier nation has more advanced automation and industrialization of the food supply which ought to drive the costs down to be lower than that of a more primitive food supply.
For me that realization came when I watched a video on how frozen pizzas were made. They're made at such a scale and with such a sophisticated level of automation that in a little 5 minute video you probably see 10,000 pizzas roll off the line. Yet if I were to make that same pizza it'd cost me less than to just buy a frozen one. Why is that? Shouldn't all the automation and market competition drive the cost of goods down to just above the cost of the raw materials?
If I were to make my own gasoline I couldn't do it cheaper, so why isn't that true for a pizza?