Henry Ford Model ‘T’ Ford & The Cycle of Prosperity.

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Presentation transcript:

Henry Ford Model ‘T’ Ford & The Cycle of Prosperity

The Model ‘T’ Ford Henry Ford set out to build a car which everyone could afford to buy. It was slow, ugly and difficult to drive, and was nick named the ‘Tin Lizzie’ by the American people.

The Model ‘T’ Ford The attraction of the Model T Ford was that its price never increased. Costing $1200 in 1909, the price in 1928 was only $295. By 1929 Ford was producing more than one car per minute

Mass Production Ford was able to sell cars cheaply because they were mass-produced and every part was Standardized (only one colour and one engine size were available). By producing large numbers of cars on an Assembly Line Ford needed fewer skilled workers, and that cut the cost of paying wages.

Mass Production Ford invented the idea of using an Assembly Line to speed up production.

Key Quote – Henry Ford How would this have helped to cut production costs? ‘A customer can have any colour he likes for his car so long as it's black’

Assembly Lines ‘… each man and each machine do only one thing... the thing is to keep everything in motion and take the work to the man not the man to the work’ Henry Ford 1925

Car Industry Mass productions & Standardization lead to increased car sales. More Standardized parts are needed More jobs are created in other industries. SteelGlassRubberLeather More people with jobs means that they can afford to buy a car! Jobs in Diners, Motels & Gas Stations. More Oil is used. More roads are built. The Cycle of Prosperity!

Aerial view of the Rouge plant in 1930 In 1929, there were 81,000 men working in this one factory

Summary Cycle of Prosperity Mass Production Assembly Lines Unskilled Workers Standardization. Model ‘T’ Ford Tin Lizzie Key Words

Ford part 1: 4 min Ford part 2: 7 min Ford & the Depression: 8:30 min