The Influence and Dominance of the Big Three Automakers in the American Economy

what is the big three

direct materials, direct labor, and manufacturing overhead

The “Big Three” commonly refers to three major American automakers, which are General Motors (GM), Ford, and Chrysler (now owned by Fiat Chrysler Automobiles). These three automakers have dominated the American automobile industry for many years and are major contributors to the American economy. They have produced many popular models and have influenced the design and production of vehicles worldwide. The term “Big Three” is used to represent their dominance in the industry and their significant impact on the American economy.

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