Production processes more generally, yeah. A farmer using 1913 technology can’t even come close to competing in today’s market. It would be hard even in high-en

Production processes more generally, yeah. A farmer using 1913 technology can’t even come close to competing in today’s market. It would be hard even in high-end price-insensitive segments (think farmers markets and farm to table restaurants). Americans spent more on food than on housing until ~1950, despite going to restaurants much less frequently than today. Today they spend over 3x as much on housing as food. https://www.theatlantic.com/business/archive/2012/04/how-america-spends-money-100-years-in-the-life-of-the-family-budget/255475/ https://www.theatlantic.com/business/archive/2012/04/how-ame...