How an Economy Grows and Why It Crashes

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Tales of this unprecedented luxury soon spread to other islands, 
where fi shing was still done by hand and no one had time to 
surf. In search of a better life, immigrants soon arrived. 
The greater productivity of the island meant that it could 
support a greater population, which in turn led to greater 
economic diversity.  Some new immigrants went to work 
servicing the mega fi sh catchers, while others borrowed the 
extra fi sh to clear the land for farming—at last a balanced 
diet! Others took out loans to go into other trades.
The diversifi ed island economy soon gave rise to hut builders, 
canoe builders, wagon builders, you name it.

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