Quote by Henry Ford
It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages.
Summary
This quote emphasizes the crucial role of customers in the economic cycle. It suggests that employers are merely intermediaries between customers and employees, effectively indicating that the revenue generated by customer purchases is what ultimately funds employee salaries, rather than the direct contribution from employers. This perspective highlights the importance of keeping customers satisfied and encouraging their patronage, as their financial support directly impacts the payment of wages to employees.
Topics
Money
By Henry Ford
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