(“Weber, Austin”) My opinion about this is that Henry ford was an important guy during this time because of his inventions and things that he did like the 40 hour work week, was an important change and had a dramatic impact on the American culture reducing the hours of work from employees and the first t model car, had an impact on the American vehicles management because it became the first global car and it was affordable and better, and also the moving assembly line car production make this things easier for the workers to and have more time to be free than to be in the work, the minimum wage of 5 dollars per day was good because after a day of work you get paid not less than 5 dollars because it was the minimum and for that time five dollars was more money than it is now, Henry ford was major character during this period of time because he helped and he also illuminated the American culture with his wonderful inventions and
Both inventions led to increased productivity and stimulated American economic development, Henry Ford patented the design and soon began to produce more cars than his competitors. Ford knew that in order to keep his employees satisfied he would have to raise their pay, so he did. From a measly two dollars to five he immediately noticed an increase work ethic , including the price reduction his workers could finally afford the new Model T and now had enough time to use it. This led to an increase in employees and wages, the automobile showed a renewed cultural outlook in America that would soon be spread to all neighboring countries. The invention of the airplane changed the United States forever, it changed the way that Americans would travel making it easy and affordable not to mention that it would help significantly improve the American economy through shipping and distribution.
Henry Ford's Model T was a very powerful and unique innovation in the United States during this time period. This invention was really the first car. Its impact on the United States was immense, and it helped so many people that were able to afford this car. What it did was allowed for a much faster source of transportation for the American citizes. Instead of having to take a train everywhere it allowed for people to go short distances like from work and back home.
Walt Disney was one person who was greatly impacted by the free enterprise system, and who greatly impacted the buisness world. Ho was not only the pioneer of animation, but he has built two multi-million dollar theme parks, that many people today enjoy and come from all over the world to see. Most people think that you have to be rich and have lots of money to become an entrepenur, but many people start off with nothing at all, that was the case with Walt Disney. He started off with nothing, living out of his office and eating cold beans before he became the successful entrepeneur he is today. "if you can dream it, you can do it," was a quote Walter lived by an it must have been a big help in getting him where he needed to be, but he didn't
He set the standard for a respectable and smooth running company. He is credited with mass producing the first widely available and affordable automobile, the Ford Model T. It was a cheap and easy to produce alternative to older automobiles, that were almost exclusively owned by the rich and elite. This allowed for everyday men and women to have the luxury that only the wealthy had before this time in our nation’s history. He is most recognized for is his implementation of the assembly linee, and of the first to create such a time and cost efficient process for making and selling automobiles.
Henry Ford is worthy of inclusion in HIST 1301 because of his innovations and his impact on the United States economy. He became one of the most significant industrialists in history, by contributing to changes in the age of mass production at the turn of the century, raising worker wages, lowering the cost of the automobile for the middle class and permanently altering American culture through these changes. First, Henry Ford envisioned making everyone have access to a reliable car that was affordable. So, in June 1903, Ford witnessed the founding of the Ford Motor Company, which sold its first car in July, made a profit in its first year, and over the course of 19 years, sold more than 15 million cars in the United States and extended internationally, accounting for half of the
John D. Rockefeller owned a bunch of oil refineries and instead of drilling for his oil, he focused on refining it. Rockefeller later became the richest man in America of his time. He didn't treat his workers very well. He made them work long shifts and offered very low wages. Vanderbilt linked a railroad connecting the
Henry B. also made steel more efficient. The more profitable steel helped enough to make them replenish the train tracks, so the new transportation brought together many cities. Since the North had manufacturing,
Henry Ford’s invention of the assembly line and Vanderbilt’s mass transit of industrial goods through the means of railroads was pivotal to the United States success. In summation, while some may have suffered under the rapid transition of agriculture to industrialization, the benefits created far outweigh the negatives. Many of the problems created can simply be wrote off as growing pains felt by the nation. To call these men robber barons is a gross misunderstanding and factually
The steam engine, invented in 1698, was not put too much use until the 1760’s. Even so they weren’t too good for anything until the they were used in steamboats. Steamboats could travel up river! This was something unheard of in the 1800’s. people could save money and time!
This was life in 1910. Henry Ford is the creator of many things and that 's what we will be talking about in this speech his greatest inventions like the assembly line the millions of his great model cars and his ever famous trade mark company Ford.
Henry Ford greatly contributed to the American people. He should be classified and remembered as a Captain of Industry because of his industrial contributions such as the revolutionization of how people used transportation and by helping increase the economy through his 1908 Model T automobile. Henry Ford set great examples for other businessmen with his creation of the assembly line,making the production of industrialized goods faster and easier. Henry Ford used tactics to build his empire such as making the Model T affordable for everyone,good wages for his labor, and buying out other shareholders. With his great generosity and acts of philanthropy,he paid his employers more than average and also supported the people(affordable prices).
Today transportation has never been easier with the invention of the car or automobile. These 3000-4000 pounds of metal is the main methods of transportation for America. Whether it be by taxi, bus, or even by your own car you bought yourself going to your destination. However, none of this would be possible if it was not for Henry Ford in a free enterprise system. The free enterprise system allowed Henry Ford to create a product that allowed all of the lower class and upper class to afford an automobile.
Henry Ford was an entrepreneur who founded the Ford Motor Company in June of 1903 and grew it into a very successful business. He achieved this through free enterprise, an economic system which places few restrictions on business activities and ownership. This system allowed Ford to begin his company without restrictions from the government either preventing him from establishing it or from limiting his success. It not only helped Ford to achieve his goals in business, but it has also helped many other entrepreneurs as well. The free enterprise system has been a necessary component in allowing people, such as Henry Ford, to start, grow, and own their own businesses.
He was also the first person to create a monopoly which he succeeded in since he controlled 90% of the refineries and pipelines in the United States. John D. Rockefeller was very influential to history. His company was one of the major reasons why the U.S. government established more anti-trust
