1. Henry Ford
... was manufactured for 19 years. The car sold well and the company flourished and by 1907 the profits reached $1,100,000 (World Book Encyclopedia: Henry Ford). In 1909 Ford made the decision to manufacture only one type of car, the Model T. Initially it took 14 hours to assemble a ... Ford Motor Company's plant in Highland Park, Michigan, Ford introduced the first assembly line in 1913, which drastically reduced production time (World Book Encyclopedia: Henry Ford). As a result, more automobiles could be created faster and at lower prices. Ford also introduced the $5.00/day minimum wage, ...
- Word Count: 1368
- Approx Pages: 5
- Grade Level: High School