ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Jim Carrey
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Michael Jordan
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Henry Ford
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Abraham Lincoln
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Detailed explanation-1: -1. Henry Ford: While Ford is today known for his innovative assembly line and American-made cars, he wasn’t an instant success. In fact, his early businesses failed and left him broke five times before he founded the successful Ford Motor Company. 2.
Detailed explanation-2: -He optimized transportation and forever changed the United States automobile industry. His innovative manufacturing process produced low-cost, reliable vehicles, while simultaneously keeping his workers well-paid and loyal.
Detailed explanation-3: -While most other automakers were building luxury-laden automobiles for the wealthy, Ford had a different vision. His dream was to create an automobile that everyone could afford. The Model T made this dream a reality.
Detailed explanation-4: -"There is no failure except failure to serve one’s purpose."
Detailed explanation-5: -He burned through all the money from his first group of investors without producing a car. He eventually produced a car and raised another $60, 000 in share capital, but his Detroit Auto Company went bankrupt. In the 1920s, Henry Ford refused to update the Model T car, leading sales to fall dramatically. More items