"A Ford car contains about five thousand parts-that is counting screws, nuts, and al. Some of the parts are fairly bulky and others are almost the size of watch parts. The rapid press of production made it necessary to devise plans of production that would avoid having the workers falling over one another. The first step forward in assembly came when we began taking the work to the men instead of the men to the work. We now have two general principles in all operations-that a man shall never have to take more than one step, if possible it can be avoided, and that no man need ever stoop over. In short, the result is this: by the aid of scientific study one man is now able to do somewhat more than four did only a comparatively few years ago. That line established the efficiency of the method and we now use it everywhere. The assembling of the motor, formerly done by one man, is now divided into eighty-four operations-those men do the work that three times their number formerly did." -Henry Ford, My Life and Work 1. According to Henry Ford, what did he do to move the supply curve to the right? Answer: 2. Ford attributes his plant's increased productivity to "scientific study." How can you use context clues to determine the meaning of this term in this context? Answer:
"A Ford car contains about five thousand parts-that is counting screws, nuts, and al. Some of the parts are fairly bulky and others are almost the size of watch parts. The rapid press of production made it necessary to devise plans of production that would avoid having the workers falling over one another. The first step forward in assembly came when we began taking the work to the men instead of the men to the work. We now have two general principles in all operations-that a man shall never have to take more than one step, if possible it can be avoided, and that no man need ever stoop over. In short, the result is this: by the aid of scientific study one man is now able to do somewhat more than four did only a comparatively few years ago. That line established the efficiency of the method and we now use it everywhere. The assembling of the motor, formerly done by one man, is now divided into eighty-four operations-those men do the work that three times their number formerly did." -Henry Ford, My Life and Work 1. According to Henry Ford, what did he do to move the supply curve to the right? Answer: 2. Ford attributes his plant's increased productivity to "scientific study." How can you use context clues to determine the meaning of this term in this context? Answer:
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter7: Production, Costs, And Industry Structure
Section: Chapter Questions
Problem 8SCQ: Automobile manufacturing is an industry subject to significant economies of scale. Suppose there are...
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