How Long to Read Big Macs & Our Pensions: : Who Gets McDonald's Profits?

How Long Does it Take to Read Big Macs & Our Pensions: : Who Gets McDonald's Profits??

It takes the average reader and 49 minutes to read Big Macs & Our Pensions: : Who Gets McDonald's Profits? by Robert F. Abbott

Assuming a reading speed of 250 words per minute. Learn more

Description

Will Profits from Big Macs Add to Your Retirement Income? In 1948, the McDonald brothers redesigned and remodelled their drive-in restaurant in San Bernardino, California. Taking inspiration from Henry Ford's assembly-line, they created the fast food revolution, with the quick service and low prices we now take for granted. In that same year, the U.S. National Labor Relations Board ruled unions could include pension issues in contract negotiations. That ignited a massive expansion of pension plans. In the 1950s, pension funds started buying stocks, rather than just bonds or their equivalents; in addition mutual funds came of age. With these two developments working, middle class people became owners of big business. At first, their stakes were modest, but steadily growing. And in just a few decades, they gained controlling interests in many large corporations through their funds. Management guru Peter Drucker has called it, ..".one of the most startling power shifts in economic history." Now, working people reap the benefits of those investments, collecting much of the profit distributed by McDonald's and other big corporations. Discover how the pieces fit together. In Big Macs & Our Pensions: Who Gets McDonald's Profits? you will: * learn more about the McDonald's transformation and its implications for the future * find out how McDonald's makes its profits (and it involves more than selling Quarter Pounders) * meet some of the working people who get McDonald's profits through their pension and mutual funds * hear accusations from critics of McDonald's wages, and * learn who has the ultimate say on fast food wages (the answer may surprise you). You may not be among the owners of McDonald's. But if you belong to any pension plan, or contribute to a mutual fund or whole life insurance policy, you likely own pieces of some big corporations. Most importantly, your retirement income will be bigger and grow more dependably than you would otherwise expect.

How long is Big Macs & Our Pensions: : Who Gets McDonald's Profits??

Big Macs & Our Pensions: : Who Gets McDonald's Profits? by Robert F. Abbott is 48 pages long, and a total of 12,384 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Big Macs & Our Pensions: : Who Gets McDonald's Profits? Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read Big Macs & Our Pensions: : Who Gets McDonald's Profits? aloud.

What Reading Level is Big Macs & Our Pensions: : Who Gets McDonald's Profits??

Big Macs & Our Pensions: : Who Gets McDonald's Profits? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Big Macs & Our Pensions: : Who Gets McDonald's Profits??

Big Macs & Our Pensions: : Who Gets McDonald's Profits? by Robert F. Abbott is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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