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How John H. Patterson Modernized Industry
Economics

How John H. Patterson Modernized Industry

By Jonathan Townley

Jun 11, 2019
∙ Paid

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The Objective Standard
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How John H. Patterson Modernized Industry
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John H. Patterson, an industrialist who flourished at the turn of the 20th century, changed the way retail businesses handled money—literally. His company manufactured the first commercially successful cash registers, thus helping to solve a widespread problem: the loss of profit due to employee theft and shoddy bookkeeping. In building his company and …

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