Peter Day meets the local entrepreneurs of the new Myanmar and discovers their priorities and PITFALLS of doing business in an emerging economy.
(BBC News)
--- A report from the Washington-based group Conservation International chronicles some of the PITFALLS in marketing what it calls biodiversity products.
(New Scientist magazine)
Did you know?
pitfall noun
- an unapparent source of trouble or danger
(American Heritage Dictionary)
--- Pitfall is a compound word comprised of "pit" (hole or cavity) and fall (to unintentionally go down from a higher level). It literally means to fall down into a hole. The original use referred to a trap for animals (or maybe even people) that consisted of a hole dug into the ground that was covered with leaves and tree branches.
The term pit is the from the Old English pytt - water hole, well, pit, grave - and further from the Proto-Germanic "puttjaz" (pool, puddle), which also led to cognates in Dutch and the German "Pfütze" or puddle. The Proto-Germanic term was eventually borrowed from the Latin "puteus," meaning a well, pit or shaft.
In a figurative sense, although a pitfall is defined as a "potential" danger or unexpected difficulty that can serve as a trap, in modern usage the word often simply becomes a synonym for a risk or difficulty, without the implication that it is hidden or unknown.