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I would guess the opposite, society needed a much larger share of its workforce for basic necessity. So assuming that the different opportunities to build somet
by yk 11y ago
I would guess the opposite, society needed a much larger share of its workforce for basic necessity. So assuming that the different opportunities to build something were similar, only a smaller fraction of the possibilities got actually build and this fraction had the highest return of investment. So expected ROI was a lot higher and therefore the creditors could ask for a lot more interest.