Henry Ford

You Should Know About

9 Amazing Facts

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9 Amazing Facts You Should Know About Henry Ford

Founder of the

Ford Motor Company

Industrialist and businessman. But Henry Ford was most known for…

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9 Amazing Facts You Should Know About Henry Ford

Introducing the assembly line production process.

He made it efficient and cost-effective.

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9 Amazing Facts You Should Know About Henry Ford

It only cost $895, less than half the price of the competition.

He built the first affordable vehicle,

Ford Model T

Ford Model T

VIDEO SOURCE: The Henry Ford YouTube

9 Amazing Facts You Should Know About Henry Ford

Prices of the Model T kept dropping as production became more efficient. By 1922, it only cost $269.

were sold from 1908 to 1927.

15,000,000 Model Ts

15,000,000 Model Ts

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9 Amazing Facts You Should Know About Henry Ford

Ford was a firm believer in

He wanted to have a happy workforce that was treated fairly.

welfare capitalism.

welfare capitalism.

SOURCES: The Truth About Cars, The Reformed Broker

In 1914, Ford introduced the living wage where each worker would receive a minimum of

This was double the salary of other companies.

$5 a day.

$5 a day.

9 Amazing Facts You Should Know About Henry Ford

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But Henry Ford hated

He would rather break up the company than recognize his workers’ labor unions.

labor unions.

labor unions.

9 Amazing Facts You Should Know About Henry Ford

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Henry’s wife, Clara, told him that she would leave him if he let the company collapse.

Suddenly Ford Motor Company had the most favorable union contract terms.

9 Amazing Facts You Should Know About Henry Ford

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Henry Ford was a

By the time he was 15, he could fix almost any watch. This let him work as an apprentice mechanic and rise through the ranks.

9 Amazing Facts You Should Know About Henry Ford

great mechanic.

great mechanic.

IMG SOURCES: Techstreet, Earl Morter, Wikipedia

Before founding the Ford Motor Company, Ford worked for Thomas Edison as

The high pay let him work on his first gas engine during his spare time.

9 Amazing Facts You Should Know About Henry Ford

chief engineer

chief engineer

for the Edison Illumination Company.

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Henry Ford and Thomas Edison

They even bought properties next to each other.

9 Amazing Facts You Should Know About Henry Ford

were good friends.

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Henry Ford had an infamous admirer

In 1931, Adolf Hitler told a Detroit newspaper reporter that Ford was his “inspiration.”

9 Amazing Facts You Should Know About Henry Ford

Source: Columbia Journalism Review

SOURCE: Giphy

9 Amazing Facts You Should Know About Henry Ford

Aside from making vehicles reliable and affordable, Ford also made them easy to maintain.

Henry Ford made vehicular travel accessible for everyone.