Ford Motor Company

Fordism is a manufacturing technology that serves as the basis of modern economic and social systems in industrialized, standardized mass production and mass consumption . The concept is named for Henry Ford.

His introduction of the Ford Model T automobile revolutionized transportation and American industry. As the Ford Motor Company owner, he became one of the richest and best-known people in the world. He is credited with “Fordism”, the mass production of inexpensive goods coupled with high wages for workers.

Why was Henry Ford important in the 1920s? Henry Ford pioneered mass production techniques in the car industry . His aim was to produce affordable cars for the public by using new technology. He was highly successful and created thousands of jobs.

The impact Henry Ford had on the world is almost immeasurable. His introduction of the automobile into the mass market transformed agricultural economies in the United States and even around the world into prosperous industrial and urban ones . Many historians credit him with creating a middle class in America.

A common myth is that Henry Ford invented the automobile. This is not true . While he may not have invented the automobile, he did offer a new way of manufacturing a large number of vehicles. This method of production was the moving assembly line.

Henry Ford , founder of Ford Motor Company, was born in Springwells Township, Wayne County, Michigan, on July 30, 1863, to Mary (Litogot) and William Ford.