Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s. How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.
The company wanted over 5,000 workers to come and work on the railroad, but they only had 600 on the list of payroll by 1864. (“Workers of the Central”). The ratio between 600 and 5,000 workers is a dramatic difference so the workers had to work about eight times harder and
Document B shows that the average work day was from 4:30 am to 7:30 pm, and sometimes it was even longer. Thirteen to fourteen hour work days with a total of forty minutes break does not seem very fair. These women should be at home with their families or getting an education because during the Industrial Revolution, education became a very important to the people. Document B also states that if these women did not follow the appropriate break schedule, they would be kept for an even longer amount of time to work. Thirteen hours was already too much.
With President ford in office living within your financial means was a reality. Now internationally President Ford started with
I am pleased to be here at Gerald R. Ford Job Corps Center. I am here to get everything that is good in life and to find a better job. My goal is to walk across the stage and get that paper that says I have completed everything here at the Gerald R Ford Job Corps. My one big complaint for this place, is that most people act like they don’t have any common sense or how to act in the work place.
(Doc 3). While these companies became wealthier, workers became poorer. For example, the laborers working in the Ohio railroad company barred train’s passage to rebel against their third pay cut. All forms of strikes and boycott emerged in the nation since no minimum wage was set. The workers risked their jobs to
Ford demonstrates a social Darwinist not only because he exhibits the successful outcome of someone who has ideal traits for survival, but because he encourages others who live promising lives as well. “A man’s personal advancement depended entirely and immediately upon his work” (My life and work 98). Ford always made sure that men were given a fair chance toward advancements in his factory. Those who held positions of authority started from the bottom up; they all had to work just as hard to prove their worth.
In addition to the benefit mentioned above that relates to small business, prices for services would be kept low. For example, if lower wage employees were paid at a higher rate, those costs would be passed to the consumer. A hamburger would cost $6.00 instead of two for $3.00. That is a pro for the employee but a con for the consumer.
The federal minimum wage has been increased twenty-two times since President Franklin Delano Roosevelt signed the bill into law in 1938. President Roosevelt was an avid supporter of a federal minimum wage as he says that “no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” Raising the federal minimum wage has many pros and cons, but is a necessity to thrive in society. People have argued that raising the minimum wage will cause inflation, but it will create various economical benefits, income benefits, production benefits, and improve racial justice.
In society, people should be ethically responsible with helping people. People act ethically responsible when one is in need of assistance because they let their sympathetic feelings of compassion take over their intentions. Ethical responsibility is a duty or obligation to ensure the individual’s well-being through specific commitments; such as saving someone from a certain tragedy. One piece of evidence from the text that demonstrates the sudden acts of ethical responsibility is “Can the Law Make Us Be Decent” by Jay Sterling Silver. Though many may argue that Silver’s argument is invalid, most will agree that his argument is in fact agreeable.
a day. So, this goes to show that its much different than from today where the average job pays anywhere from $20-$40 an hour with is anywhere from $800-$1600 a week, this was much
There are people who work 40 hours a week and are still in poverty; this is a highly prominent issue. The uneven distribution of wealth, known as wealth inequality, is a problem that plagues not only America but also the world. With wealth inequality, there are two main issues and one solution to those issues. The problems are that the wealth in America is unevenly distributed and there people in America who work 40 hours a week and still have very little money. Wealth inequality is the root of all problems faced in America.
Gender equality: the pinnacle concept that American society is not-so desperately trying to achieve. Many Americans have convinced themselves that gender equality was remedied by the Nineteenth Amendment and the Second Feminist Movement, and have not considered the thousands of steps that are left on the journey. In recent years, a matter of public interest has been the gender wage gap, stating that women are earning significantly less money than men for doing an equivalent amount of work. Critics of the effort to “break the glass ceiling” claim that a pay gap does not exist, and that if it does, it is because women either do not work as hard, have to tend to their families, or hold lower paying jobs. However, the gender pay gap has been proven to exist in a variety of different forms,
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 added and extended Taylorism by increasing division of labour by simplifying the production process further by installing one-purpose machinery to make standard parts. By doing this, Ford sped up the production of cars and made it affordable to middle-class people too. Moreover, he showed that productivity could increase through more capital, higher wages, (by doubling wages to $5.00 which declined labour turnover by 40%), and improving the organisation of production. However, Fordism has been criticized for destroying craftsmanship and deskilling jobs, as well as causing workers’ stress due to the repetitive nature of the jobs. Taylorism and Fordism similarly shared an economic point of view of employees, who were assumed to only be motivated by financial rewards.
