Henry Ford and The 'Model T'
- Henry Ford created the assembly line
- It creates mass production, jobs, and increased productivity/output of cars
- Supply and demand
- Has made 15 million made by 1927
- Most of the manufacturing in Detroit
- The big car dealers at the time were Ford, GM, Chrysler
- It creates mass production, jobs, and increased productivity/output of cars
- Supply and demand
- Has made 15 million made by 1927
- Most of the manufacturing in Detroit
- The big car dealers at the time were Ford, GM, Chrysler
Summary
When Henry Ford created the assembly line, the car industry was changed forever. The amount of cars that could be produced was way higher then ever thought possible before.