  We describe a simple mechanism to break electroweak symmetry dynamically as
well as to generate a large fermion mass hierarchy. The mechanism is displayed
within the framework of a simple left-right symmetric model.
  The model has exact horizontal symmetry which is broken dynamically giving
rise to the mixing angles as well as to the fermion masses. The light fermions
acquire masses by exchange of the charged gauge bosons, which is possible in
the case of a left-right symmetric gauge group. We display a simple mechanism
to break the left-right symmetry. The stability of the horizontal symmetry
breaking solution is also discussed. We argue that if the gauge bosons are
massive then for a certain range of the gauge couplings the horizontal symmetry
breaking solution may be locally stable. We discuss some phenomenological
difficulties, in particular the question of unobserved Goldstone bosons, that
arise within the present model.
