Re:Share of Income Gains by Quintile - Great Depression til Now
by WalterBright on Saturday September 10, 2011 @02:36AM
(#2981018)
>Henry Ford allegedly paid well and understood that he needed to create a market for what he made,
Ford paid well because that was the only way he could attract workers to do the relatively boring assembly line work.
The idea of paying people to buy your products is simply not a viable business plan. Ford created the market by making the cars cheap so ordinary folks could afford them.
Ford paid well because that was the only way he could attract workers to do the relatively boring assembly line work.
The idea of paying people to buy your products is simply not a viable business plan. Ford created the market by making the cars cheap so ordinary folks could afford them.