Ford Transformed The Automobile Industry As Well As Other Industries Using A Single Awesome Concept

Ford Motor Company was actually founded in 1903 by Henry Ford, and positioned in the Detroit suburb of Dearborn, Michigan, the Ford Motor Company straight away revolutionized the market for cars. Henry Ford was 40 years old when he set up the Ford Motor Company, which would go on to emerge as one of the world's major and most successful companies, manufacturing such sought after vehicles as the 2010 Ford Focus. Ford Motor was a company with a clear-cut goal: to produce and sell durable cars at a competitive price.

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Henry Ford sold his very first car for $200 and made use of the money to start work straight away on his next. Ford soon established the assembly line. Henry Ford reasoned that automobile production would become even more efficient if all employees were designated one area to work, in which they could give attention to a specific duty to accomplish in a diligent manner. Henry Ford could by now mass-produce his cars, and as he did so, he reduced prices dramatically. Ford manufactured 308,162 cars in 1914, a lot more than all 299 other car manufacturing companies combined. In addition, Ford Motor Company is among the car manufacturing companies that survived the Great Depression letting them survive and manufacture such preferred cars in later years like the 2010 Ford Focus. The Model T's great outcomes and the use of the production line permitted Ford Motor Company to drop its selling price from the original sticker of $850 to $350.

When my employer's female child, Emma, turned sixteen she desired to celebrate by having a day of sight-seeing in the town with five of her female friends.

Ford not just streamlined the work in the companies, he also rewarded his employees well. Ford was also among the first companies to restrict the work day to 8 hrs, and to establish a minimum pay of $5 per day. Ford paid black workers the exact same wages as equally qualified white workers. In 1914, when Ford began paying his own employees 5 dollars a day, it was nearly double the salary offered by other manufacturers.

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Ford's assembly line technique was so successful it allowed Ford to manufacture half a million cars in 1915 and two million cars and trucks during 1923. Ford had produced its 25 millionth automobile in 1937 and the following year, long before the 2010 Ford Focus was ever considered of, its Lincoln Division launched the Mercury line, which proved highly successful in the growing market for medium-priced automobiles.

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