Swiss Economicblogs.org
Share this article It’s hard to imagine where we would be today in terms of economic progress, industrial production capacity and labour dynamics if Henry Ford never existed. The revolutionary system he pioneered in the early 20th century, largely known for implementing the concept of the “assembly line” (which, notably, was actually invented by Ransom Eli Olds, and merely popularized by Ford), forever changed the way companies thought about production processes. It massively increased...
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