Worksheet A                                                                                                                              

Name: ________________________________________

Please write short answers to the following three questions. You can find the answers at the web sites listed. They are bookmarked on your computer.

1. What contribution did Henry Ford make to prove the importance of the specialization of labor?
Resource: Industry Week article on chronology of important events in manufacturing:
http://www.industryweek.com/CurrentArticles/asp/articles.asp?ArticleID=623

2. What information does Ford Credit need to decide if they loan you money to buy a car?
Resource: Financing at Ford Credit explained:
http://www.fordcredit.com/creditsense/credit_basics.jhtml

3. Describe Ricardo's wage theory:
Resource: Wage Theory Defined briefly by Britannica:
http://www.britannica.com/eb/article?eu=77829