Henry Ford, Assembly Lines and the Model T
Notes
-Began selling in 1915 for 440$
-by 1925 a record of 9109 cars were sold in one day. The lowest price is 290$
-15 million made by 1927
-Most of the manufacturing is done in Detroit
-Introduction of the assembly line and factories increases output
-high supply = low demand = price is low
-low supply= high demand price= is high
-Began selling in 1915 for 440$
-by 1925 a record of 9109 cars were sold in one day. The lowest price is 290$
-15 million made by 1927
-Most of the manufacturing is done in Detroit
-Introduction of the assembly line and factories increases output
-high supply = low demand = price is low
-low supply= high demand price= is high
Quote: "Coming together is a beginning; keeping together is progress; working together is success. " - Henry Ford
Political Cartoon
BIG Question; What would of it been like without the introduction of the assembly line, how would today be?
Summary
Assembly lines were introduced by ford motors, by Henry Ford. As a result of assembly lines hings good be made quicker and cheaper, thus the demand for products would decrease and so would the price of the item being produced.
Assembly lines were introduced by ford motors, by Henry Ford. As a result of assembly lines hings good be made quicker and cheaper, thus the demand for products would decrease and so would the price of the item being produced.