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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (2526)	10/29/2000 8:05:23 PM
From: Mama Bear	Read Replies (3) of 57684

"The problem with the historic norm argument is there is no historic norm for a company which removes 40% inefficiences from whole industries." Sorry, I can't believe this. Are you sure that readily available electric power didn't do something similar? How about the telephone? I'm sure that increased efficiency across a broad base of indiustries. In the 1830s a new method of smelting iron was brought online, which enabled that industry to move into mass production, and directly led to the development of steel, which of course enabled the railroads. The railroads surely increased efficiencies. And let's not forget the motor car. Regards, Barb

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