Burbank Burroughs
Henry Ford produced an affordable car and created an urbanized middle-class by engineering the economic environment to create mass consumption. He established factories that could produce high-quality cars, and paid his workers enough money so that they could buy their own.
Biography of Henry Ford in a Nutshell
Henry Ford was born on a farm near Dearborn, Michigan, on July 30, 1863, and was educated in the local schools. He loved building machines, and in 1892, he developed a working gasoline automobile. He founded the Ford Motor Company in 1903, and five years later, he brought out the economical Model T.
It took few more years before Ford and what is commonly called "Fordism" changed the economic world. What he did was to initiated the conveyor belt assembly line and introduce the 8-hour day with a $5 minimum wage, at the same time opposing unionization. Briefly, Henry Ford setup a closely controlled and self-reliant organization
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