Worksheet C

Name: __________________________

Using the internet, information from the video and discussions, and your prior knowledge respond to the following questions:

1. What alternatives exist to making cars on an assembly line, and what would the advantages and disadvantages be?

2. Currently the lending rate to buy a car from Ford Credit is much different than the rate to buy a home from Countrywide Home Loans. Explain why this is the case, and what it says about the car market.

3. Early in the movie Ford paid his workers twice the hourly wage that Chevrolet did. Later his wages were the same as Chevrolet's. How would Ricardo, in his "wage theory", explain this phenomenon?