1. Auto Industry
... able to produce a model t every ten seconds. In 1920 60 percent of all vehicles are Fords. Ford had a 58 million dollar debt and was able to pay it off with there 80 million dollars in cash, 1921. Henry Ford raises the company's minimum wage to $6 dollars a day in 1935. 1946 Ford takes a hit and has losses at a rate of 10 million a month. In 1946 ... Henry Ford dies but bye 1946 Ford brought its profits up to $177 million dollars. In 1958 the company lost 250 million dollars ... in low sales of the Edsel a very expensive car. Bye 1983 Ford had to lay off 33% of the work ... ...
- Word Count: 1758
- Approx Pages: 7
- Grade Level: High School