“The kind of precision manufacturing epitomized in the armories, while it was important, was only a small share of the economy until quite late in the century. Large-scale natural resource development and processing was the name of the game.” KindImportantGamesNamesNaturalEconomyShareCenturyDevelopmentLateResourcesScalesManufacturingPrecisionNatural ResourcesProcessingLarge Scale Author:Charles R. Morris
“The paradigm of the development of natural resource-based industry - meatpacking, lard, timber, iron and coal, grain. Cincinnati's lard processing plants looked a lot like JDR's oil refineries thirty years later.” YearsNaturalDevelopmentIndustryResourcesPlantOilThirtyIronGrainCoalParadigmThirty YearsNatural ResourcesProcessingTimberRefineryLard Author:Charles R. Morris
“merica was middle-class for the very start - the people who came first were hyper-strivers from England. There were no vested interests, no ranks, no classes, it was very lightly populated, there were unlimited natural resources - for free essentially - if you failed, you could always start over.” PeopleIfsFirstsInterestNaturalClassMiddleResourcesEnglandMiddle ClassUnlimitedStarting OverNatural ResourcesHyperVested InterestsStrivers Author:Charles R. Morris
“We demonstrated what you could do when a band of entrepreneurs settles an empty country with vast resources. The Chinese have a billion people and are running out of water. Tougher problem for sure.” PeopleCountryProblemRunningWaterBandResourcesEmptyEntrepreneurBillionsChineseSettling Author:Charles R. Morris