The the.
This is a factory.
This is a machine in the factory.
This is the book many times the machines live in the factory
and this is what the workman makes on his machine in the factory.
This is a widget a widget might be a radio a refrigerator a musical instrument
or a motor car a widget you know is just a symbol
or any manufactured product
that people you inside the widget factory there are lots of good at making machines
and the skilled workmen who run these machines turn out the finest widget you've
ever seen there as modern attractive and efficient as cover design
and fine craftsmanship done possibly make the people will certainly want to buy
these widgets because they are so fun and up to date.
There comes a man know with money to buy a widget.
Here's a farmer he needs a widget on his farm
and he's in a hurry to buy one is your money. Mr would give a good.
I'm here's your widget Mr Farmer. That's all there is to it. The deal is complete.
Everyone is happy the widget maker has the money
and the farmer has it which I
found here comes another man who wants to buy a widget.
This man is a coal miner
and he's bringing his money with him he wants his new widget right away to
the it certainly must be good wages because there is such a widespread demand
problem.
Everyone seems to need a widget for instance this man is a steel manufacturer.
Apparently he can use a widget
and here is a lumberman two they all want widget business is certainly good these
people are customers because they are willing to trade money for widgets
and all the customers take their widgets home to all parts of the country.
Look at all that money the widget builder has taken in on the sale of his widget.
But now
that the builder has the money he has to pay out a large part of it to the workmen
in the factory.
That's all right though because these workmen need the money to buy food
and clothing and to pay the rent
and maybe even a lot of them along to use some of our money to buy widgets call
themselves. But since so many We just have been made
and sold the widget builder is running out of room materials to make into mortgages
so I hear over the raw materials come in he buys Cotton this widget factory uses a
lot of cotton and what do you do. It's all from a pound back again.
The farmer wants to sell his coffee to the widget maker. Well.
Turnabout is fair play. IMO the widget maker has more raw material.
I don't go for.
Farmer has his money back again in addition to the widget he already bought
the widget make a need coal and steel I'm lumber to so here are the coal miner
and the steel man I'm the lumber man to sell them just a little while ago these men
were the widget makers customers but no the widget maker is their customer.
He has money to trade for raw materials a lot of different materials from a lot of
places.
So the widget maker is a buyer as well as a seller evidently in this widget
business. Somebody is always buying
and selling everybody is somebody else's customer the raw materials
that the widget make the buyer the product of the field and mine the woods
and shop go into one end of the machine and out of the other end of the machine.
I'm nice you shiny which is and that's all there is to it
when everything runs smoothly as it does in this factory with Man of machines all
that work this factory the cons of beehive of activity selling widgets buying raw
materials making money with just a number on widgets
that any customer would be glad to have I don't buy widgets are being bought
and sold at one end of the factory raw materials are being sold on bought at the
other or sold with everything coming along smoothly
and everyone working for somebody else money seems to travel round
and round on this widget business.
Maybe that's true in other lines of business too don't you think so.