... -produced goods, and also to maintain a minimum standard of working conditions and wages for employees. The policy, however, failed to consider the response of business owners towards such an act. Henry Ford, for example, was one of the employers who refused to sign the codes as he wanted to maintain control over his workers and did not want them to organise trade ... ...

• Word Count: 1080
• Approx Pages: 4
• Grade Level: Undergraduate

... more and more products on installment, however, most American did not have the wages necessary to provide the purchasing power needed to keep the economy growing. For example, "in 1929 Henry Ford reported a personal income of $14 million in the same year the average personal income was $750." 3 Many Americans were attracted by advertisements to purchase a number of the new products like ... ...

• Word Count: 1658
• Approx Pages: 7
• Grade Level: Undergraduate