Introduction

Henry Ford was born on July 30, 1863 on a farm near Greenfield Michigan where he lived a normal childhood. At thirteen years old Ford became obsessed with the “horseless carriage”, after he witnessed a steam engine rolling down the street on its own (Lacey 8). When Ford came out with the assembly line for the Model T the price dropped to $490. Due to mass production in 1925 from the assembly line profits were increased. This enabled the price to be decreased to $260. (Willamette 2). However, Ford never gave up on the Model T even when he should have because the car's popularity was disappearing (Iacocca 2). In 1919 Ford turned the company over to his son Edsel until he died and Ford once again took over the company until he was forced to retire because of old age (Salhman 3). He died two years later on April seventh 1947, at the age of eighty-four (Salhman 3).

Discussion

Ford was a very caring loving person who was always interested in the well being of others. Ford not only wished for every middle class family to afford a car but he also wanted his workers to have a car too (Jarold 1). That was why he wanted so badly to make a car at a price so that everyone could afford it (Iacocca 1). After many numerous attempts to accomplish this goal Ford would say, “ Failure is the opportunity to begin again more intelligently.”(Lacey 65) This kind of attitude led Henry Ford to create the Model T in 1908 (Salhman 2). Henry Ford could have expanded his business and make many types of cars, but he chose to only make one for mass production. He did this because he knew that the cars would not only be cheaper, but the more cars that were made the more the price would drop. The purpose of the price reduction was to give everyone an opportunity to own a car. Ford did this unselfishly and his company never lost a dime (Jarold 1). He was once quoted saying, “ A business that makes nothing but money is a poor kind of business (Willamette 5).” Even though Henry Ford sold over 15 million Model T's over the next two decades, his happiness came from seeing the people's response to him (Caldwell 48).

In addition for his care of his consumers, Ford also cared a lot for his workers. In fact, in 1913, when his assembly lines were up and running the workers produced such a He also thought that well paid workers would work better and the more money they made the more likely they could by themselves a car with high turnover. Ford doubled the minimum wage of his workers salary to $5 a day (Lacey 88). Then he cut their work hours down from 9 hours to 8 hours per day (Iacocca 5). This made his workers feel more appreciated therefore they worked harder and this was just the beginning of a ...