Automobile Production and Ford

Automobile Production and Ford Most people think of Henry Ford as the man who invented the automobile, but his influence on the American society and economy was far greater and will last for all time. Ford changed the face of the nation and set the stage for the entrepreneurs of today. He helped develop the infrastructure for automobiles, including roads and gas stations. He set a minimum wage for his workers. He shortened the workday …

…adapted the idea for use in his automobile production factories. By doing so, he was able to cut the time of producing each car to a fraction of the time by using the assembly line approach. The price of automobiles could be lowered and the wage of workers could then be increased. Between these two acts, Ford created an economic society in which every person employed at a decent livable wage could buy a car.