50 Things That Made the Modern Economy
50 Things That Made the Modern Economy
Fast food franchise
11 January 2020
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There are more than 36,000 McDonald's restaurants around the world - but if the McDonald brothers had had their way, that might never have happened. Tim Harford tells the story of how milkshake-mixer salesman Ray Kroc turned their burger business into a global giant, and explains the principles that made his franchising model such a success.
