Thatoon therwot beenoughasic ra. Are e opts ofoom coect . This has been americas century. Thatoon therwot beenoughasic ra. Giant stepspts of Economic Growth ha taken usom the auto e thatoon therwot beenoughasic ra. Our real gross nationaproduct ohas increasetenfold. Our al income r rson has tripled. Can we keep up the pace . Wi the help of anast richard gill welexamine that questio othe improvement in our standard of living caie ouEconomic Growth since 1900. Average woers enjoy the times as many goods. Alofs because of a continuing increase in productivity, e engine of growth 70 years agoin theuto i. How did it begin . Why was it successful . Turn of the century autos their purposengs was not wholly clear. Peaps they were stin static pos. Certainly, Auto Industry growth was static. Doze omodels designed and produced diffently e culmination of9tceury craftsmap. With buyers likestors, vanderbilts, e culmination of9tcwhitneys, and winthrops setting the fashion, 5,000 a car 50,000 in today
Some say the days of our Economic Growth are numbered that soon there wont be enough basic raw materls. Are the prophets of doom correct . This has been americas century. Giant steps of Economic Growth have taken us from the auto age to the space age. Our Real Gross National Product has increased tenfold. Our real income per person has tripled. Can we keep up the pace . With the help of analyst richard gill well examine that question on this edition of economics usa. The improvement in our standard of living can be tied to our Economic Growth since 1900. Average workers enjoy three times as many goods. All of this because of a continuing increase in productivity, the engine of growth. 70 years ago in the Auto Industry a productivity revolution took off. How did it begin . Why was it successful . Turn of the century autos were playthings of the rich. Their purpose was not wholly clear. Perhaps they were best in static pose. Certainly, Auto Industry growth was static. Dozens of models de
Atoon thare e prophetsofoom coe . This has been americas century. Giant steps of Economic Growth ha taken us from the auto age our Real Gross National Product has increased tenfold. Our real income per person has tripled. Can we keep up the pace . Wi the help of ast richard gill well examine at questio othe improvement in our staard ofiving can beie our Economic Growth since 1900. Average woers enjoy three times as many goods. Alofs because of a continuing increase in productivity, the engine of growth a productivity revolutionto. How did it begin . Why was it successfu turn of the century autos were playthings of the rich. Eir puose was not wholly clear. Utos peaps they were stin stac pose. Certainly, Auto Industry growth was static. Doze omodels designed and produced diffently e culmination of9tceury craftsmap. With buyers like astors, vanderbilts, e culmination of9tcwhitneys, and wintops setting the fashion, 5,000 a car 50,000 in todays dollars seemed nothing extraordinary. In aichi
Our real income r peon has tripled. Can we keep up the pace . Our wi the help of ast richard gill well examine at question othe improvement in our standard ofiving can ie our Economic Growth since 1900. Average woers enjoythree times. Alofs because of a continuing increase in productivity, the engine of growth. A productivity revolutionto. In the Auto Industry, how did it begin . Why was it successful . Turn of the century autos were playthings of t rich. Their purpose was not wholly clear. Peaps. Certainly, Auto Industry growth was static. Doze of models designed and produced diffently the culminationof9tceur. With buyers like astors, vanderbis, the culminationof9tceur. Whitneys, and winthrops setting the fashion, 5,000 a car 50,000 in todays dollars seemed nothing extraordinary. In a michigan machine shop, there was another idea. Could you get a car for under 1,000 . In905, most of these cars we around 2,000. Henry forda nior partner, in90oposed less expensive we arounmodel n. His Se
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