HENRY FORD, ASSEMBLY LINES AND THE MODEL T
- Begin's selling in 1915 for $440
- By 1925 a record 9109 cars are made per day
- Lowest price decreases to $290 (Supply increases = Price decreases)
- 15 million cars made in 1927
- Henry Ford wanted: "To have a car in every garage"
- Most manufacturing takes place in Detroit (Motor City)
- Introduction of the Assembly Line and factories increases output
- By 1925 a record 9109 cars are made per day
- Lowest price decreases to $290 (Supply increases = Price decreases)
- 15 million cars made in 1927
- Henry Ford wanted: "To have a car in every garage"
- Most manufacturing takes place in Detroit (Motor City)
- Introduction of the Assembly Line and factories increases output
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"Quality means doing it right when no one is looking."
- Henry Ford
- Henry Ford
Summary
Henry Ford's Assembly Line allowed for increase in jobs and output and drove americas way of life and help lead to americas modern american capitalist economy