Henry Ford
Henry Ford was an American industrialist, the
founder of the Ford Motor Company, and sponsor of the development of the
assembly line technique of mass production.
Born: July
30, 1863, Greenfield Township, Wayne County, Michigan
Died: April
7, 1947, Fair Lane, Dearborn, Michigan, United States
Education: Detroit
Business Institute
Occupation: Founder of Ford Motors, business magnate,
engineering
Religion: Episcopalian
Ford did not invent the
automobile, but he developed and manufactured the first automobile that many
middle class Americans could afford to buy. His introduction of the Model T automobile revolutionized
transportation and American industry. As owner of the Ford Motor Company, he
became one of the richest and best-known people in the world. He is credited
with "Fordism":
mass production of inexpensive goods coupled with high wages for workers.
Ford
had a global vision, with consumerism as the key to peace. His intense
commitment to systematically lowering costs resulted in many technical and
business innovations, including a franchise system that put
dealerships throughout most of North America and in major cities on six
continents. Ford left most of his vast wealth to the Ford Foundation and
arranged for his family to control the company permanently.
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