There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible paying the highest wages possible.
Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, the founder of the Ford Motor Company, and the sponsor of the development of the assembly line technique of mass production. Ford was also widely known for his pacifism during the first years of World War I, and for promoting antisemitism through his newspaper The Dearborn Independent and the book The International Jew.
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Read more about Henry Ford on Wikipedia.