In class, we learned the importance of efficiencies and how increases in productivity can lead to growth. More specifically, the industrial revolution was an era in the United States that promoted more efficient means to produce more out with the same, or even less, factors of input. As a result of this rising production, the United States was able to grow its economy into one of the powerhouses in the world. This article is relevant as it highlights our current economy in a depressed state. Data shows that factories are producing more and being more efficient, thus following the same model that has helped us grow into a thriving nation, and hopefully enabling us to get out of this economic downturn.
"http://www.montereyherald.com/business/ci_19355072
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