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Why Was Henry Ford Successful

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1) Henry Ford enjoyed taking things apart and putting them back together from a very young age. He was very creative and had many innovative ideas about engines and automobiles in general. Ford utilized his ideas to create the world’s first affordable car, AKA the Model T. The Model T became a force to be reckoned with in the world of industry, and earned Ford most of his fortune. The model was also extremely successful because it was affordable, easy to drive and cheap to repair. The Model T was so prosperous that Ford had to significantly upsize his production rate in order to meet the ballooning demand. In turn, he developed The Rouge, which was a factory that produced the Model T cars. Over the course of the Model T’s existence, Ford sold 15.5 million of them in the US, approximately a million more in Canada, and another 250 thousand cars in Great Britain. Additionally, another method Henry Ford used obtain his …show more content…

At the time, $5 was a lot of money (compared to an average of $2.25 for the industry), bringing employees to middle-class status. Ford believed that the more money the workers got to earn, the more loyal they would be to his company. In order to motivate workers, Henry Ford did something that entrepreneurs back then wouldn’t even consider doing; he increased the minimum wage. This idea basically transformed the way numerous citizens thought about the way businesses, as well as companies, should run. Over the course of his life, Ford became widely known as a caring and kind industrialist. Additionally, Ford hired workers that could not find jobs elsewhere because of their health, such as people who were handicapped and mentally disabled, giving them the opportunity to earn themselves money to make a living. In addition to this, as a result of him truly caring about his workers, Ford had a sociological department that assessed his workers and made sure they were living well and to improve their

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The first production of the Model T was produced on August 12, 1908. On May 26, 1927, the 15 millionth Model T rolled off the assembly line at Ford's factory in Michigan. Today there are still fords being produced. This changed the Progressive Era, because the car became a demand and became powerful in the industrial world.

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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.

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During this time he developed plans for a horseless carriage and Thomas Edison encouraged him to build a better model. In 1903, Henry Ford established the Ford Motor Company. He also introduced a revolutionary idea: an inexpensive automobile made by

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Most people who like trucks admire them for the way they look or how they run on the road and other things trucks have. There are a variety of types of trucks such as Ford, Chevy, Nissan, Toyota, Dodges (Rams), GMC and maybe Hondas. There is people who talk about which truck is better by comparing them together and arguing about them. But we are going to compare Ford and Chevy. To start where and how did Ford brand begin?

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Henry Ford was a very great man who innovated car production. He had many life achievements that were completed and he was looked upon by many people. His legacy is so great it lives to today as one of the best car manufacturing company. Ford believes that people should keep trying harder to achieve their life goals like Henry did. Henry believes “Failure is simply an opportunity to begin again; this time more intelligently” and I believe this

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Henry Ford also developed his model T Ford during this time and sold 15 million by 1927. More and more “white collar jobs” such as law enforcement and business became popular during these times and steered them away from physical labour such as mining and farming, as America was now progressing towards an urban culture. Less manual labourers were needed during this time because the use of machinery flourished. Productivity did increase as a result and with this a lively consumer culture was created, with advertising becoming a crucial factor in promoting new products and developing the economy.

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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

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Ford claimed he did this so they would have enough money to purchase his Model T cars. Other factory owners were outraged by the action, which generated major headlines and long hiring lines. The decision by Ford to pay his employees more had a huge effect. His company was able to grow into an automobile powerhouse because to his ability to recruit and keep the greatest employees. Additionally, it encouraged other businesses to increase wages, which raised many workers' living standards.

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Imagine you get to work and you clock into to your job which pays twice the pay as all of the jobs your friends and Famliy have but when you get there you sit in a tiny station where all day long you do the same thing over and over agian. This job would be quite a degrading boring horrible job would it not? Now that you know that your job is horrible but you get twice the pay you need to know that you work for Ford Motor company and you will be twisting the wrench on all five screws on the front of the car about 50 times a day for the rest of your life. At least you weren 't doing it for less than 5 $ per day like everyone else.

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Automobiles were affordable and were designed carefully. The majority of these cars were produced by the Ford Motor Company, led by Henry Ford, who designed a different model each year to satisfy the insatiable crowd. Many of the automotive innovations that we think of as being modern—like electric powered cars, four wheel drive, front wheel drive, hybrid fuel and electric cars—were introduced during the 1920s. The automobiles had various different colors in order to get the attention of people, especially woman, and through time, they evolved to become more comfortable to drive for men (Scott ,1). The automobiles were beneficial to the U.S because they expanded the area of habitat.

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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).

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At a young age Ford taught himself to fix watches which taught the young Ford on the basics of machines. However, when Ford got older he actually did not start in working in machinery in fact he actually started his career in farming to support his family. Soon Ford's natural talents

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Although Henry Ford began the Ford Motor Company in 1903, it was not until 1908 that his business began to grow and become successful. In 1908 Ford first released the Model T automobile at a price of $825.00. He was able to offer the vehicle at such a low price because in the process of producing the Model T he also developed and perfected the moving assembly line. This reduced the assembly time by over fifty percent, which in turn reduced the price of the automobile. The Ford Motor Company has continued to grow and after over a century of being in business it is now worth around $199 billion.

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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.

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But by this time Ford had a bigger vision for a better affordable vehicle. Ford began working closely with selected employees and they developed the Model T, introduced on October 1, 1908. The Model T exhibited simplicity and quality. Model T was a great success.

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