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πŸ’Ό Business

Henry Ford

Assembly line; made cars affordable for the masses

Born 1863 πŸ‡ΊπŸ‡Έ USA 1908

πŸ’Ό Known For

1

Ford Model T (1908) β€” first affordable automobile for ordinary people

2

Moving assembly line β€” reduced car build time from 12 hours to 93 minutes

3

Paid workers $5/day (double the industry rate) β€” so they could afford his cars

Revolutionised manufacturing; paid workers $5/day (double the norm)

Quick Facts

Category

πŸ’Ό Business

Country

πŸ‡ΊπŸ‡Έ USA

Born

1863

Key Year

1908

Achievement

Assembly line; made cars affordable for the masses