Famous quote by John J. Sweeney

Mobile Desktop
Henry Ford was right. A prosperous economy requires that workers be able to buy the products that they produce.
Like

"Henry Ford was right. A prosperous economy requires that workers be able to buy the products that they produce. This is as true in a global economy as a national one"

- John J. Sweeney

About this Quote

John J. Sweeney is stressing the importance of a flourishing economy, and how it depends on the capability of employees to purchase the products they produce. He is referencing Henry Ford's famous quote, "It is well enough that individuals of the country do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." Sweeney is suggesting that the exact same concept applies to an international economy as it does to a national one. He is emphasizing the significance of employees having the capability to acquire the items they produce in order to make sure a prosperous economy. This is specifically true in an international economy, where the success of a nation's economy depends on the success of other nations. By having the capability to purchase the items they produce, workers can assist to guarantee a flourishing global economy.

About the Author

USA Flag This quote is written / told by John J. Sweeney somewhere between May 5, 1934 and today. He/she was a famous Businessman from USA. The author also have 4 other quotes.

Go to author profile