The Wheel of Business

 The Wheel of Business - what does it mean?

THE ORIGINAL HISTORICAL ARTICLE PRESENTED AS IT WAS FOUND IN THIS HISTORICAL MAGAZINE OF THE UNITED STATES OF AMERICA

AMERICAN COOPERATIVE JOURNAL JUNE 1921

The Wheel of Business is the term first time used by the great american Guru of Economics- Henry Ford himself. Here is what he is talking about the Wheel Of Business in his personal column "MR. FORD'S PAGE". This one the leading column in one  of the leading Magazines of Economics of The United States of America- Dearborn Independent.

The explanation of what the Wheel of Business is - presented to your kind attention below as it is- the classics of the American Economics:

The Citations below are the axiomae of the American style of The Grand Business since 1900ds.

The expressions below are already the proverbs of the Gurus of Economics worldwide already for a hundred of years. Henry Ford has been the legend of the economics and the symbol of the Economics himself. The founder of the automobile factories FORD. 

"THE point at which to start the wheel of business going is with the user or consumer. 

Make him the prime beneficiary of all the economies in business, and he supplies the motion which does all the rest. 

To say that labor deserves the big end, or management either, is to favor a principle that will destroy the business.

The big beneficiary of any business should be the buyer.

Labor, as buyer is therefore also benefited.

Whereas, if all the benefit were withheld from the buyer and put into wages, this whole profitable series of increased demand, bigger production and higher wages would never get started at all."