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Henry Ford

actually started with cash on hand of about $28,000. Some investors contributed other types of capital; for example, the Dodge brothers, John and Horace, agreed to supply engines” (Model T 2).

Original vehicles were expensive and 125 employees were able to manufacture approximately 1,700 cars per year around 1905 (Model T 2-3). However, Ford began to look for ways to lower the prices on vehicles in order to sell more. He originally created the Model N, but after only a few sold, he began to plan on the Model T. As he proclaimed at the time, “I will build a motorcar for the multitude” (Model T 3). Ford wanted to manufacture a car that was a commodity, one that came from the factory identical to every other car like a widget company makes produces one identical widget after another. The automobile would impact society as well. It allowed the rising middle-class greater mobility than ever before and was responsible for the system’s infrastructure of roadways, brid

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Henry Ford. (1969, December 31). In LotsofEssays.com. Retrieved 11:03, May 19, 2024, from https://www.lotsofessays.com/viewpaper/1685628.html