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ποΈ
πΌ Business
Henry Ford
Assembly line; made cars affordable for the masses
Born 1863 πΊπΈ USA 1908
πΌ 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
πΌ Business
Country
πΊπΈ USA
Born
1863
Key Year
1908
Achievement
Assembly line; made cars affordable for the masses