How an Economy Grows and Why It Crashes


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how an economy grows

H O W   A N   E C O N O M Y   G R O W S   A N D   W H Y   I T   C R A S H E S
80
The fertile mind of Able Fisher V (Able’s great-great-great-
grandson) tackled the problem. He noticed that rain runoff 
collected in ponds. Taking his cue from nature, he devised 
a runoff and reservoir system where rainwater could be 
collected and stored for future use. But this would be a big 
project, furnishing the entire island with water.
As Able V conceived it, the Water Works project would 
require working capital of 182,500 fi sh…enough to support 
a crew of 250 men for two years while they labored. He went 
to Manny Fund for a loan. Manny loved the idea but he just 
didn’t have enough fi sh. Fearing the worst, Able then tried 
the bank. 



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