Monday, November 18, 2019
The Automobile in America (American History) Research Paper
The Automobile in America (American History) - Research Paper Example Cars had been invented many decades earlier, but its high cost limited access to the majority of Americans. The Ford Company in the 1920ââ¬â¢s changed the industry forever. The companyââ¬â¢s superior mass production techniques allowed Ford to lower the cost of producing an automobile dramatically. The Ford Model T was the car model that became a mainstream in the 1920ââ¬â¢s when the price of the auto was reduced to $310, nearly $500 cheaper than a decade earlier (Kenney, 2001). The company had the best selling product in America which was a critical success factor that gave Ford a competitive advantage. The Ford Company valued the effort of its workers. The company created thousands of good paying jobs which helped the American economy. By the end of the 1920ââ¬â¢s Ford had manufactured and distributed 15 million Ford T vehicles across America (Virgina). The proliferation of the automobile accelerated the speed of growth of the American economy due to the fact that the ab ility to commute freely increased commercial activity and the amount of work opportunities for
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