Is the recession heralding a return to Henry Ford’s model?


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THE early part of the 20th century was not an easy time for the Ford Motor Company. Economic downturns were frequent and deep. Shortages of raw materials on the back of the first world war stalled assembly lines. And the motor industry’s supplier network was too small to keep pace with demand, making it hard to ensure that all of a car’s parts were ready for assembly at the right time.
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