Henry Ford and the Car Flashcards
What was Henry Ford’s dream?
To produce a cheap car which could be afforded by ordinary Americans
What idea did he come up with?
The assembly line
What did the cost of a car decrease by?
In 1908=$850.
in 1925=$290
How much did the assembly line reduce the time to Make a car?
from 13 hours to 1hour 33min
To make up for the boredom what did Ford do and what did this mean?
Doubled their wages to $5 a day which meant they could buy more consumer goods
What other industries did Henry Ford’s car have an impact on?
Rubber
Petrol
glass
steel
What had rapidly increased and what did this show?
Advertisement on the radios and in cinemas showing what new consumer goods were available
What is credit?
Paying bit by bit for consumer goods then eventually paying the whole thing