In the News
Capital-labour substitution at Ford
Ruth Tarrant
15th October 2015
The Ford Motor Company has recently spent £1.7bn on upgrading its largest European plant in Valencia, Spain with the latest robotics and hi-tech engineering.
- Economics
- Blog
- In the News
- Human capital
- Capital labour substitution
- Productivity
- Average cost
- Economies of scale
Ruth Tarrant
Ruth has been an enthusiastic Head of Economics and Politics for many years, having taught in a variety of schools and at university level. She is also a Senior Examiner. Ruth is passionate about boosting the quality of teaching and learning across all subjects in schools and colleges.
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