How Did Henry Ford Change America's Economy

He created a number of cars, most notably the Model T car, and revolutionized the auto industry by bringing the moving assembly line to the car manufacturing process. In 1914, Henry Ford started paying his unskilled workers $5 a day, which is roughly twice the average. 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. In 1914, Henry Ford started paying his unskilled workers $5 a day, which is roughly twice the average.

In 1882, henry returned back home to work of the family farm and became skillful at controlling the Westinghouse portable steam engine. Ford was eventually assigned by Westinghouse Company for steam engines servicing .Henry also studied bookkeeping at Goldsmith, Bryant & Stratton Business College in Detroit,

Henry ford was a farmer who did amazing things and started one of the biggest automotive company in the world. He would use quotes to encourage his workers and he once said, "The gifted man bears his gifts into the world, not for his own benefit, but for the people among whom he is placed; for the gifts are not his, he himself is a gift to the community." He is saying that your gifts are not for you but for everyone around you, and you are gift to the community. Henry Ford was an important and influential figure in history that had a positive impact on the world because he made one of the biggest automotive companies in the world and helped give people in America jobs because of this. Henry was born July 30, 1863 in Greenfield Township,

(“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

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

However, there is times you need to slow down, come back down the ladder and restart. There is one such American who showed extreme determination and and because of his perseverance, he forever impacted the lives of Americans. There are four examples of how Henry Ford impacted American citizens. First by building his first self-propelled vehicle (quadricycle), Ford used his knowledge to later design the mass production of America’s first affordable car the Model T. Second, Ford developed and streamlined the moving assembly line process which will later be modified and used by other manufacturers. Third, he established a five dollar per day wage for mass production workers.

Michael Messer Mr. Johnson, Mr. Vatter, and Doc Henry Ford Final Paper 18 February, 2015 Henry Ford: Final Paper Henry James Ford was one of the most important innovators and businessmen in the history of America. He has had an amazing positive influence on the world we live in today. He was an innovator. That is, he developed and promoted ideas that have now become an accepted part of daily life. Henry Ford was an intelligent and creative businessman whose contributions to the manufacturing industry and American transportation have had a significant impact on the world today.

During the 19th century, industrialization impacted the United States in many way. Industrialists, like John D. Rockefeller, owned or were involved in management of an industry. At the time, these agents were considered a “Robber Baron,” while others were considered a “Captain of Industry.” However, many were considered good because they were philanthropists. John D. Rockefeller was born on July 8, 1839, in Richford, New York.

Many American now began to fight for better wages so they could participate in the purchasing of the consumer goods such as the Model T car. Ford was creating a new class of living for the United States not only were they compensating their employees better than most companies but he was lowering the price of cars so that American would be able to purchase them on their income. After the creation of the assembly line Ford could lower the price of his cars by over half from $700 in 1910 to $316 in 1916. The car could be purchased by the working class of America.

He was born in 1863 in Michigan and grew up on a farm. Ford had a keen interest

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.

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

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).

He began the Ford Motor Company and used the assembly line. The assembly line allowed for fast and easier work. But most of all he created an affordable car for all. His goal was to create an affordable car that the average working man could afford, because all the car that were already produced were not affordable and were very expensive. This allowed for everyone to own a car rather than just the rich.

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.