Category: Finance

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“In the last days of the industrial revolution, Henry Ford developed a revolutionary invention: the assembly line. His company, Ford Motor Company, was one of the first to realize that, if done correctly, this new production method could lead to greater efficiency, reduced costs, and greater mass production. Ford was right. And so, he became the first of many major automakers to use assembly line techniques to produce mass-produced vehicles. In the process, Ford created a new era of industrialization, one in which the production of goods became much more streamlined, efficient, and

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