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Business Quote by Edward A. Hudson

“Some people, today we would call them entrepreneurs, responded to these economic opportunities by seeking and eventually finding ways of producing these goods in volume and at low cost. They did this by using machines. Physical capital embodied the changes. In time, additions to human capital…” quote by Edward A. Hudson
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““Some people, today we would call them entrepreneurs, responded to these economic opportunities by seeking and eventually finding ways of producing these goods in volume and at low cost. They did this by using machines. Physical capital embodied the changes. In time, additions to human capital - resulting from experience, training and education - accelerated the growth in production capability.””

Edward A. Hudson

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