This process significantly reduced assembly time per vehicle which in turn lowered costs. One more great contribution that Henry Ford gave to people was with the opening of his new manufacturing plant, there would be many jobs that would need to be filled and he createde those jobs. The number of men on payroll at his largest plant was 81,000 employees (Ford Museum). The demand for more cars gave these 81,000 people a decent job and a decent wage of 5 dollars a day (Wiley, John). Overall, it is easy to say that Henry Ford really gave back to society
Ford priced his first Model Ts at $850, undercutting the $2,000 cost of most early cars. Ford Motor Company had built over 15 million Model Ts. According to http://inventors.about.com, accessed November 03, 2012, invented an improved assembly line and installed the first conveyor belt-based assembly line in his car factory in Ford's Highland Park, Michigan plant, around 1913-14. This method reduced production costs for cars by reducing assembly time. According to http://www.spartacus.schoolnet.co.uk , accessed October 25, 2012, Ford resented getting involved in war, but after Pearl Harbor he turned over his vast production resources to his country.
In the latter years of production, the Model T was available for as little as $260.00. Inflation adjusted for today, the price of a Model T was approximately $3,400.00. This allowed much of the population of the United States to buy a brand new car that they could depend on for thousands of miles. In addition to making the Model T affordable to the majority of Americans, Ford also increased the means of his workers to buy the car that they built. Henry Ford instituted a forty-hour workweek, with the minimum salary being five dollars per day.
In fact, college students ranked Ford the third greatest figure of all time, behind Napolean and Jesus Christ. "In 1892 he joined the Edison Company in Detroit as an engineer. (346) "By 1896 Ford had his automobile. (346) He created the model T and than realized he could build a car for the masses. By
When he was younger he planned on creating something for the rich as well for common man that would involve engines. He created the Ford Model T, which was affordable for the poor, and continued to create Model A and other modeled cars (Joans 2010). By the end of World War I half of Americans owned the model T car. The affordable cars like those Ford produced transformed America (Roak et al., 2011). Ford created the automobile industry, which employed thousands of workers and inspired new industries as well (Heritage, 2010).The new industries included but were not limited to: gas stations, mechanics, fast food restaurants drive-ins (pig stands) and motels (A&E, 2006).
In 1918 the same year that Chevrolet became part of General motors they released the first truck. The truck was based on the Model 490 car frame. Six years later Chevrolet opened another plant in Copenhagen, Denmark; it was the first plant outside the U.S. and helps put Chevy on top of Ford selling over one million car and tucks. Back in the United States during the spring of 1929 the Chevrolet Six was released called “a six for the price of a four.” It was called that because the other companies offered a four-cylinder engine for the same price. In 1934 Chevy started to innovate even more introducing independent suspension on the 1935 model master series.
The commercial real estate market isn’t as bad off as the residential market, but it has a significant ripple effect on the mind state of the nation. General Motors (GM) is filing for Chapter 11 bankruptcy, it’s predicted 21,000 jobs are to be cut, and they are discontinuing Pontiac and Saturn. They proposed nationalization, but the government says they have no interest in running a car company, and they stand behind a “self- reliant” auto industry. GM will stick with its four best- selling brands, GMC, Cadillac, Buick and Chevrolet. GM used to be the top auto company in the world.
Henry Ford once said, “I will build a motorcar for the masses…constructed of the best materials, by the best men to be hired, after the simplest designs that modern engineering can devise…so low in price that no man making a good salary will be unable to own one and enjoy with his family the blessing of hours of pleasure in God’s great open spaces.” Firstly, Henry Ford created new technology that nobody has ever seen before. Secondly, Henry Ford created the model T that was the first car ever to be created. Thirdly, Henry Ford was the first man that created the assembly line. Henry Ford changed the way we look at transportation forever this is why he should have a memorial built in his honour. Henry Ford created new technology that nobody has ever seen before.
Henry Ford spent most of his life making headlines, good, bad, but never indifferent. Celebrated as both a technological genius and a folk hero, Ford was the creative force behind an industry of unprecedented size and wealth that in only a few decades permanently changed the economic and social character of the United States. When young Ford left his father's farm in 1879 for Detroit, only two out of eight Americans lived in cities; when he died at age 83, the proportion was five out of eight. Once Ford realized the tremendous part he and his Model T automobile had played in bringing about this change, he wanted nothing more than to reverse it, or at least to recapture the rural values of his boyhood. Henry Ford, then, is an apt symbol of the
Henry Ford, the leading businessman at the time, introduced the revolutionary moving assembly line in his factory called River Rouge located in Detroit, Michigan. When people think of the 1920’s, they think of Henry Ford and how the economy boomed because of his company and the jobs it provided. Henry Ford symbolized the new industrialized America. However, as time went on the country took a turn for the worse and eventually was in a permanent state of