Henry Ford, Assembly Lines and the Model T
- Begins selling in 1915 for $440
- By 1925 a record 9109 cars are made in one day. The lowest price is $290
-15 million made by 1927
-Most of the manufacturing is done in Detroit
-Introduction of the assembly line and factories increases output
-Henry Ford was the first to use it
-Supply + Demand + Price
- By 1925 a record 9109 cars are made in one day. The lowest price is $290
-15 million made by 1927
-Most of the manufacturing is done in Detroit
-Introduction of the assembly line and factories increases output
-Henry Ford was the first to use it
-Supply + Demand + Price
summary
Henry Ford was determined to build a simple, reliable and affordable car; a car the average American worker could afford. Out of this came the Model T and the assembly line - two innovations that revolutionized American society and molded the world we live in today. Henry Ford did not invent the car; he produced an automobile that was within the economic reach of the average American.