It is a combination of factors, including new technology and the transformation of the American manufacturing economy, from producing war-related items to consumer goods at the end of World War II. By the end of the 1950s, one in six working Americans were employed either directly or indirectly in the automotive industry. The United States became the world's largest manufacturer of automobiles, and Henry Ford's goal of 30 years earlier—that any man with a good job should be able to afford an automobile—was achieved
The 1950s were pivotal for the American automobile industry. The post-World War II era brought a wide range of new technologies to the automobile consumer, and a host of problems for the independent automobile manufacturers. The industry was maturing in an era of rapid technological change; mass production and the benefits from economies of scale led to innovative designs and greater profits, but stiff competition between the automakers. By the end of the decade, the industry had reshaped itself into the Big Three, Studebaker, and AMC. The age of small independent automakers was nearly over, as most of them either consolidated or went out of business.
A number of innovations were either invented or improved sufficiently to allow for mass production during the decade: air conditioning, automatic transmission, power steering, power brakes, seat belts and arguably the most influential change in automotive history, the overhead-valve V8 engine. The horsepower race had begun, laying the foundation for the muscle car era.
Competition exists wherever organizations turn out similar product that charm to an equivalent
cluster of customers, once totally different corporations create or sell things that though not in
head to go competition still contend for an equivalent cash within the customer’s pocket.
Price wars will produce economically devastating and psychologically debilitating things
that take an unprecedented toll on a personal, on an individual, an organization, and industry
gainfulness. Regardless of who wins, the competitors all appear to wind up more terrible off than
before they joined the fight. But, price wars are turning out to be progressively regular and
extraordinarily savage. Consider the accompanying examples:
A common plan of action to jump-start demand is to adopt a razor and blade strategy:
valuation the merchandise low so as to stimulate demand and increase the put in base, so making
an attempt to form high profits on the sale of enhances, that area unit priced comparatively high.
This strategy owes its name to inventor, the corporate that pioneered this strategy to sell its
<span>razors and razor blades. This identical strategy is employed within the videogame industry</span>
THE SHIPS LIKEK BROOKES ARE PROBABLY HEADING TO THE SOUTHERN PENINSULA AS THEY HAD STATED IN THEIR SHIPWRIGHT THAT THE GENERAL LOCATION OF TRAVEL WAS THE SOUTHERN PENINSULA AT ATLEAST WIND TO SEA KNOTS.
Not 100 points but the answer to your question in the pic is location :))
