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  1. Henry Ford in 1914,the then business executive of Ford Car Company made a startling decision that left many in the business class gasping. Henry Ford all of a sudden decided to double his employee's wages from $2.34 to $5 a day - an equivalent of $120 with respect to today's money.The whole country was shocked by such a seemingly bad decision to pull down the profit margin of a company.As its a well known fact that a company pays in accordance to the market rates. So how can one stand a way ahead from the league and make such a drastic decision? But the basic idea behind such a move was to help increase the sales of Ford car by increasing the purchasing capacity of the employees.On contrary to the popular belief this one single step taken by Henry Ford not only enhanced his own business but also benefited the whole economy.A number of people stood in queue to acquire a job in Ford which sustained the employee holding capacity of Ford thus ensuring a steep fall in recruiting,reemploying and training cost. Because Ones company's employees are another company's customer. So we can infer such a move taken by any company is going to benefit the whole economy.Henry Ford's historical decision is still relevent in today's time when most of the major world economies are undergoing a tough time. The basic problem lies in the fact that business owners and executives are unwilling to share their profit margins with their employees thus putting a bar in purchasing power of majority of population and hence crippling the whole economy in turn.This whole process is finally going to affect the business class as well if they don't find a steady customer inflow in long run.We need to understand this simple point that accumulation of money hence access key to resources if gets restricted to a very small proportion of population shuts the way to progress as a whole affecting every nook and corner of economy.
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