Saturday, April 20, 2019

Philanthropy of henry ford Annotated Bibliography

Philanthropy of henry ford - Annotated Bibliography Example crossover brought about many changes in the automobile industry. His vision was to provide the Americans with a car that each of them could afford. The scratch line car built by ford called Model T changed the way millions of people lived in coupled States allowing them to travel faster as well as work farther away from home. Fords changes to the automobile industry left a lasting mark on the United States. As a result, this vision helped create the middle class in United States marked by urbanization, rising wages, human race of national highway systems, growth of suburbia as people could travel anywhere anytime. As the existence of the Model T grew, he aimed towards global expansion of his company.Consumerism was his global vision as key to peace. He thought that international trade and cooperation can lead to international peace and he demonstrated this by using the assembly line and production of Model T. He also be lieved on the economic freedom for United States. Soon Ford Company became the largest industrial complex that had its own vertical integration and could horizontal produce its own steel. Henry Ford can be considered as a philanthropist because of this piece to the people of United States and the world.Gregory Stobbs uses the Ford and his assembly line to explain about the patents methods in business. He explains how Ford developed the assembly line and what were the economic repercussions of his invention.For example, Russ mentions that the automobile assembly line was built keeping the ingredient of labor in mind. Previously, skilled craftsmen manufactured a whole car from ground using weapons and materials from the tool room as per their needs. Ford wanted that each worker whether skilled or un-skilled work on one part of the car and add their part when the vehicle would roll down the assembly line. from each one person would be doing a repetitive job without ever having to worry about other move of the

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