Frederick Winslow Taylor was an industrial engineer and American economist, promoter of the scientific organization of work and is considered the father of the Scientific Administration In 1878 he made his first observations on the industry of work in the steel industry. They were followed by a series of analytical studies on times of execution and remuneration of work. His main points were scientifically determine standard work, create a mental revolution and a functional worker through various concepts that are instructed from his work published in 1903 called Shop Management '.
If i am reading the question right, i believe the answer should be a crash in the stock market. That made it hard for people to get money and support their needs.
