Wall Street In 1938, and in the teeth of the endless and fiercest depression that the United States had ever known, capital spending thrill an all time high. Thats right! In 1938 the workforce who owned America began to pour millions of Dollars into freshly countersink and equipment as if there was no tomorrow. We dont think untold about it today, because it has been a long time since the United States has undergo a real bone jolting economic slowdown. The point is, however, that the very best time for the industrialist to invest in new technologies is in the middle of a depression.
This is because it is at such times that labor, raw materials, and new equipment can be purchased at stir bottom prices. Henry crossway may have jumped the poor boy a bit. He shut down his River Rouge plant for two years starting in 1932 so that it could be completely re build. Being a bit of a genius, Ford used his time and money to redesign the plant to earn one of the most powerful little engines ever built: the Ford ...If you want to get a full essay, straddle it on our website: Ordercustompaper.com
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