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Smil presents numerous examples of the ways in which the manufacturing industry generates major innovations and creates a massive ecosystem of jobs and technical smarts around them. “For example, when some three decades ago the United States stopped making virtually all ‘commodity’ consumer electronic devices and displays, it also lost its capacity to develop and mass-produce advanced flat screens and batteries, two classes of products that are quintessential for portable computers and cell phones and whose large-scale imports keep adding to the US trade deficit,”
Elon Musk: How the Billionaire CEO of SpaceX and Tesla is Shaping our Future
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