The differences between Henry Ford and Alfred Sloan are b. Sloan focused his production on styles and types of cars, while Ford focused on producing less expensive cars.
<h3>Who are Henry Ford and Alfred Sloan?</h3>
Henry Ford was an entrepreneur who championed and revolutionized factory production with his assembly-line methods.
On the other hand, Alfred Sloan was the CEO of General Motors and masterminded the rise of General Motors as a global producer of vehicles.
However, Sloan went for expensive and stylish vehicles, while Ford reduced costs, making cars more affordable.
Thus, the differences between Henry Ford and Alfred Sloan are expressed by <u>Option B</u>.
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All three are ways of approaching the economic system and how much the government should be involved in that system.
Capitalism involves private ownership of businesses with little to no government interference or regulation. Most countries do not run on laissez-faire capitalism in which there is no gov't regulation. However more run as a blend between capitalism and socialism.
In socialism, the government owns the means of production and sets pricing, wages, quotas, and production. Often managers are government appointed and the workers all receive an equal wage for their work. Cooperation is key to the success of socialism. This is also the step between an overthrow of capitalism to full communism.
In communism, the means of production are owned by the people and the gov't is no longer needed to regulate business and/or wages. It is a complete cooperative state where the workers work for the good of all.
In the US?
California, New York, Florida
It is answer D since no one but the owner can use an ATM card. Otherwise, it is considered stealing which is illegal.
