Henry Ford
Henry Ford was born on July 30, 1863 to William and Mary Ford. As a grown man, he was the leading manufacturer of automobiles in the early 1900’s. His accomplishments greatly influenced industry, as we know it today. Henry Ford rose from a simple beginning on a farm in Michigan to contribute to the 1920’s by revolutionizing the automobile industry with the introduction of the moving assembly line, leading to his successes as well as troubles later in life. Henry Ford was the first born of six children. He grew up on his family’s farm in Dearborn, Michigan. Henry had a typical childhood, going to a one-room school and doing daily farm chores. However, at an early age, Henry developed a dislike for farm work and an interest in mechanical things. At the age of 16, Henry went to work as an apprentice machinist in nearby Detroit, although he returned home occasionally to help with the farm. After three years in Detroit, Henry returned to Dearborn at the age of 19. Henry kept busy over the next few years repairing steam engines, working in a factory, and helping his father on the farm. In 1888, Ford married Clara Bryant and worked as a sawmill operator to support himself and his wife. In 1891 Ford returned
Ford’s actions during the 1920’s helped make him one of the pioneers of the automobile industry. He used his success for the advancement of various charities. In 1936, Ford and his son, Edsel, began the Ford Foundation, the world’s largest foundation, which donates money for education, research, and development. He established Greenfield Village; a group of restored historical buildings, in 1933, and also the Henry Ford Museum, which includes exhibits in science, art, and industry. While Henry Ford was very successful during the 1920’s, he was also a poor manager. Henry’s failure to respond to consumer demands caused the Ford Company to fall in popularity. Companies such as General Motors gained a big share of the market by introducing new models yearly and offering other luxuries on their automobiles, while Ford still only offered basic cars at a low price. By the time that Ford retired in 1945, the company was losing money because of it’s poor accounting practices. Ford’s managers estimated that the company was losing 9.5 million dollars a month, proving that while very successful, Ford also incurred some troubles in his business. to Detroit to work as an engineer with the Edison Illuminating Company. Soon, in 1893, Ford was promoted to Chief Engineer. This promotion gave Ford enough money to experiment with internal combustion engines in his spare time. That same year, Ford built his first successful gasoline engine. It was only three years later, in 1896, that Henry built his first automobile, whic
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