Henry Ford did not invent the automobile, but he certainly made it accessible through

assembly - line production. His aim was to produce a light,speedy, reliable car at a low
price to appeal to mass market. When his partners in the Detroit Automobile Company
wanted only to produce cars to order, Ford formed his own company, where he could
carry out his own ideas. The ford Motor company mass-produced the '' model T''
through assembly-line proiduction, where one car could be constructed in 93 Minutes.
Using this process, 15 million car were produced between 1908 and 1927.
Ford also had independent and innovative ideas concerning the management of his
bussiness. He distrusted bankers and '' Wall Street'' which led him to put back an
unheard -of percentage of profits into the expansion of his business while avoiding
outside control. Ford also sidestepped the middleman in procuring raw materials by
acquiring iron mines,forests,steelworks and rubber and glass factories. these practices
enabled him to pay his factory workers a minimum wage of $ 5 for an 8- hour day,
which was double the going rate.His workers also took part in a profit - sharing
scheme, another business innovation, all the while reducing the price of the model T
from $ 909 in 1909 to $ 295 in 1922.

Henry Ford no inventó el automóvil, pero ciertamente lo hizo accesible a través de la

producción en línea de ensamblaje. Su objetivo era producir un automóvil ligero, veloz

y confiable a un precio bajo para atraer al mercado masivo. Cuando sus socios de la

Detroit Automobile Company solo querían producir automóviles por encargo, Ford

formó su propia empresa, donde podía llevar a cabo sus propias ideas. La empresa

Ford Motor fabricó en masa el "modelo T" a través de la producción en línea de

ensamblaje, en el que se podía construir un automóvil en 93 minutos. Usando este

proceso, se produjeron 15 millones de automóviles entre 1908 y 1927.

Ford también tenía ideas independientes e innovadoras con respecto a la gestión de

su negocio. Desconfiaba de los banqueros y de "Wall Street", lo que lo llevó a invertir

un porcentaje inaudito de las ganancias en la expansión de su negocio, evitando el

control externo. Ford también eludió al intermediario en la adquisición de materias

primas mediante la adquisición de minas de hierro, bosques, acerías y fábricas de

caucho y vidrio. Estas prácticas le permitieron pagar a sus trabajadores de la fábrica

un salario mínimo de $ 5 por una jornada de 8 horas, que era el doble de la tarifa
actual. Sus trabajadores también participaron en un esquema de participación en las

ganancias, otra innovación empresarial, al mismo tiempo que reducía el precio del

modelo T de $ 909 en 1909 a $ 295 en 1922.

Henry Ford did not invent the automobile, but he certainly made it accessible through
assembly - line production His aim was to produce a light, speedy, reliable car at a low
price to appeal to mass market. Ford formed his own company, where he could carry
out his own ideas, The ford Motor company mass-produced the '' model T'' through
assembly-line proiduction, where one car could be constructed in 93 Minutes
He distrusted bankers and '' Wall Street'' Ford also sidestepped the middleman in
procuring raw materials by acquiring iron mines,forests,steelworks and rubber and
glass factories these practices enabled him to pay his factory workers a minimum wage
of $ 5 for an 8- hour day, which was double the going rate.