Question

The quote below is from Henry Ford in the early 1900s: "It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages." --Henry Ford Based on the quote, what conclusion can be made about the United States during the 1900s? (

Answer 1

The economic boom of the period would have been impossible without consumers to buy the goods.

Step-by-step explanation:

From this quote by ford, it is clear that customers provide the means by which wages are paid. If there are no demands for goods and services there would be no wages for the employer to pay. Therefore the consumer through demand, creates what is used to pay wages. He is a very important part of an economy.

So in conclusion, the economic boom that the united states experienced in the early 1900s would not have been possible if there were no consumers/customers to buy the goods or services.