SSC MTS EXAM

SSC

GENERAL ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
His business ideas failed and he went broke five times before he succeeded.
A
Jim Carrey
B
Michael Jordan
C
Henry Ford
D
Abraham Lincoln
Explanation: 

Detailed explanation-1: -Henry Ford founded Ford Motor Company and invented the famous Model T car. Ford introduced several innovations to the car industry, including the moving assembly line method of production, which had a major impact on vehicle manufacturing as well as the American economy more broadly.

Detailed explanation-2: -After completing his apprenticeship in 1882, he spent a year setting up and repairing Westinghouse steam engines in southern Michigan. In July 1891, he was employed as an engineer at the Edison Illuminating Company of Detroit. He became chief engineer on November 6, 1893.

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