When you think about which of the many technological advances of the 20th century had the most impact on the global economy, which one would you rank as the most important? Would it be the space program, which gave rise to advances in everything from communications satellites to advanced composite materials? Or would it be the related aerospace industry, which stitched the world together so tightly that you can be almost anywhere on the planet within 24 hours? Or perhaps it’s the Internet, the global platform for buying almost anything from almost anyone.
Those are all important, but for the most economically impactful technology of the 20th century, I’d posit that the lowly shipping container and the containerized cargo industry that grew around it win, hands down.