The Demand for Aircraft and the Aircraft Industry, 1907–1958*
G. R. Simonson
The Journal of Economic History, 1960, vol. 20, issue 3, 361-382
Abstract:
The invention of the airplane by Wilbur and Orville Wright in 1903 marked the beginning of an industry which has grown to be the largest single manufacturing employer in the United States. Once the airplane was invented, there was wide-spread expectation that producing aircraft would be a very profitable business.
Date: 1960
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