Costs of manufactured articles importantly depend on the cost of raw materials as well as labor, and the prices of many raw materials do not fluctuat… - Charles Erwin Wilson

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Costs of manufactured articles importantly depend on the cost of raw materials as well as labor, and the prices of many raw materials do not fluctuate directly with the labor cost of producing them.

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About Charles Erwin Wilson

Charles Erwin Wilson (18 July 1890 – 26 September 1961) was an American engineer, businessman and politician. After working as the CEO of General Motors, he became the Secretary of Defense under President, Dwight D. Eisenhower.

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Additional quotes by Charles Erwin Wilson

For years I thought that what was good for our country was good for General Motors, and vice versa. The difference did not exist. Our company is too big. It goes with the welfare of the country. Our contribution to the nation is considerable.

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