industry

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How society can improve its living standards and the conditions necessary for prosperity are the issues that define the essence of growth theory. In this book, Olivier de la Grandville provides an introduction to the theory of economic growth and shows how many results from this…

The assembly line—developed at the Ford Motor Company in 1913 for the mass production of Model Ts—first created and then served an expanding mass market. It transformed industrial labor and provoked strikes and union drives. During World War II and the Cold War, it was often see…