They only hired men to work for them and their minimum wage was $5 per 8 hours. “Ford announced that it would pay its male factory workers a minimum wage of $5 per eight-hour day, upped from a previous rate of $2.34 for nine hours… $5 per day was nearly double what the average auto worker made” (“Ford factory workers get 40-hour week” 1). This quote is proving that workers were getting paid double what the average auto worker earned. It created a middle class and raised the standard of living for the American factory workers. For the workers to be productive they had to create the five-day workweek.
During his tenure at Ford, he introduced precedents that would eventually spread to all factories around the world. He set the standard for a respectable and smooth running company. He is credited with mass producing the first widely available and affordable automobile, the Ford Model T. It was a cheap and easy to produce alternative to older automobiles, that were almost exclusively owned by the rich and elite. This allowed for everyday men and women to have the luxury that only the wealthy had before this time in our nation’s history. He is most recognized for is his implementation of the assembly linee, and of the first to create such a time and cost efficient process for making and selling automobiles.
Let 's look at some of the dreams that Henry Ford had his dream was not to make the best car or the fastest or the strongest or even the most comfortable. No, Fords dream was to make a car that was cheap strong easy to make. and able to go on most terrain. many investors looked at ford and said that his dream was of a mad man. Well Fords first automotive vehicle was called a quadracycle which is two bicycles with a gasoline vechile then he made an A-model which was made specifically made for the Rich in his latest perfect model his prize of the keep the T-model was mass produce and prices were as low as 350$ and that at the time was 7000$ in today this was a cheap fast strong durable car that could go through almost all terrains.
I believe he is a captain of Industry. What made you categorize your choice as a Robber Baron or Captain of Industry? I believe Henry Ford is a Captain of Industry whose contribution was vital to this country place as a great industrial power. He uses his skills and social position to revolutionize the automobile industry, provide cars in a more affordable price and give his employers better and steady wages. In a time where America’s economy was at its low, much work was necessary to rebuild the economy.
Henry Ford says his reasons for implementing his $5 per day wage policy were to stabilize the workforce and raise the bar all over the world. It was widely believed, however, that he believed increased wages would expand the market and therefore his employees and those like them would be able to afford Ford’s products. The reason, nonetheless, was actually because Ford had a high employee turnover rate. With a rate of hiring 52,000 workers to only keep a workforce of only 14,000, the increased cost and delayed production inhibited Ford from selling his cars at the low price he desired. He needed to cut turnover and training time of the labor force.
For example, gas stations and auto repair shops. Now, most of United State citizens own cars, and it wouldn 't have been possible without the brave people who invented the automobile. Conclusion The invention of the automobile transformed people 's lives. It changed our ways of transportation so much so that we use them about everyday. Our technology is only getting better and soon enough the car will be tweaked and more superior than now.
The Rise of the Automobile in 1920s in The Great Gatsby Perhaps no invention affected American everyday life in the 20th century more than the automobile. The invention and improvement of the automobile not only changed the America society, but also the whole world.The rapidly growing automobile industry led by Henry Ford and the Ford Motor Company produced new and better models every year to supply the insatiable public demand. Increased wages and lower cost vehicles made possible through mass production meant that cars became increasingly affordable, although 3 out of 4 cars were bought on installment plans. In the book, The Great Gatsby, the author F. Scott Fitzgerald mentioned the automobile repeatedly. This marked that the automobile had already been a significant part of the society at that time.
A captain of industry is defined as “a business leader whose means of amassing personal fortune contributes positively to the country in some way.” Furthermore, a business leader who increased productivity, expanded markets, provided more jobs, or showed acts of philanthropy were considered captains of industry. One example is John D. Rockefeller who combined his many oil corporations that he already owned into the Standard Oil Trust. Creating the Standard Oil Trust made Rockefeller’s products cheaper for the public, it provided many jobs to workmen and it “paid the best wages,” according to Document 2. While pursuing the gain of wealth, Rockefeller positively helped the country grow. Another example of a captain of industry was Andrew Carnegie.
When a man named Andrew Carnegie, a lucky refugee among the “25 million” (McNee, Immigration) immigrants coming from the European countries to the United States in hope for liberty and jobs, he then later became one of the richest man in the world and revolutionized the American’s industry by invested all his fortunes into the steel industry. Because of his idea of “hard-driving” (McNee, Industrialism) way of labor, Carnegie doesn’t want to replace his old equipment at the steel mills for a new one; instead, he drives the equipment to produce until it exploded as it will reduce costs and is more efficient. Trades and businesses were blooming because of the “Great merger movement” (McNee, Industrialism). When a group of “Investment bankers, like J.P. Morgan & CO.” (Brandeis, 7) had direct access to large sum of people’ money through insurance companies, has joined together; for many investors “lacks the ability, the facilities” (Brandeis, 9) to invest on their own, they need advice from investment bankers. Investment bankers controlled which companies are being invested in which then allowed them to “became the directing power in railroads, public service, and industrial companies”
The driverless cars are a good idea Have you ever had to live in a certain place for a job because you thought you wouldn’t make it to work/school on time? (Tribune News service) Driverless cars set people at ease.Driverless cars are an great technology advancement.The cost wavers from 20 to 100 thousand.It will be so much easier to get to places you have to worry about traffic or accidents because it will all be controlled by an computer.it is capable to sense all cars around it and navigating without human input. They can live where they want,without worrying about traffic or how long it will take them to go to work on time. Everything will be controlled by a computer so there will be no such thing as human error.Americans wouldn’t
For example, prior to the invention of the assembly line an Automobile was considered a luxury only for the rich. After Henry Ford invented the moving assembly line, middle class Americans were also able to purchase this commodity. Due to Henry Ford’s assembly line invention, factories in modern society have produced highly intelligent assembly lines. Ford’s creation has caused a reverberation throughout history and even in the 21st century. For instance, Ford’s own company, today, can create up to 605 cars in 10 hours.
“When the Civil War came, the demands for his goods increased dramatically, and Rockefeller found himself amassing a small fortune.” (Source 1 “The New Tycoons- John D. Rockefeller”) Generally, when there are many consumers buying from one company, then that establishment has had people within it using wise business tactics. For the Standard Oil Company, that person was John D. Rockefeller. “He shipped so many goods that railroad companies drooled over the prospect of getting his business.” (Source 1 “The New Tycoons- John D. Rockefeller) The want for Rockefeller’s products was only increased by the growth of the good’s shipping rates. Of course, Rockefeller was conscious of this and found a way to use this edge to its full potential. Only an intellectual being would be able to have as large of a command for their products as Rockefeller.
By having a safe and easy method of transportation roads and highways were built all over America. With the roads and highways built this results in many people buying cars because now they do not have to worry about their car taking damages from nature. For these cars built, Ford used the assembly line. Workers stood in place and assembled the parts as they went down a conveyor belt(Boyer 689). The people can now just drive their cars safely along the road only having to worry about other drivers.
There were many factors that cause to change the American society. In 1920s the American economy began to become strong and the automobile introduced a new way of life to America and pushed America forward. In addition, the American people enjoyed the highest standard of living and they were able to afford luxury items. The motor car industry was the new form industry and it used the method of mass production and assembly line. Henry Ford was a pioneer who produced a car for ordinary family and manufactured the first Model T and reduced the prices by mass production.
America began to prosper in the 1920’s because of industrial production being up, wages were rising, and the unemployment rates were low. After World War I America was the world’s leading economic power, because of all the technological changes happening in the industrial companies. Technological changes were happening in many industries, for example Henry Ford began to make his cars on an assembly line, which enabled him to sale more cars and cheaper products. America also had a lot of natural resources, oil being one of them, which is essential in cars. Oil was also very abundant so it sold for cheap prices.