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Myth of the 20th Century

Technology

The Automotive Industry

2020-10-22

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The transportation equipment industry, broadly defined, includes all manufacturers of road, rail, water, and air vehicles, making up the largest component of the US manufacturing sector, constituting 3% of value added in the economy in 2019 when including related industries such as steel and petroleum. It has declined from 6% of the economy in 1955,...

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