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Henry Ford: Robber Baron or Captain of Industry?
Transcript of Henry Ford: Robber Baron or Captain of Industry?
Ford Motor Company
starts company called Detroit Automobile Company in 1899
starts Ford Motor Company in 1903
Creates most famous car, the Model T, in 1908
Captain of Industry
or Robber Baron?
Who is he?
at age 15 he started working on watches
left home at age 16
worked as a mechanic
learned about cars and engines
1879- leaves home and gets first job
1888- gets married
Ford works on farm to support family
1889- They have their first son- still working on farm to support family
To manufacture affordable cars by skilled workers who would receive steady wages.
Ford used first moving assembly line
assembly line would change America forever
During this time he was working on a design for a horseless carriage he called the "quadricycle". His first one was finished on June 4th, 1896.
Captain of Industry
his goal was to make cars the average person could afford, not only the rich
paid workers double what most workers were paid
determined pay of workers based on their lives and work ethic- knew workers on a personal level
advances contributed to industrialization and the expansion of the country
Captain of Industry:
a business leader whose means of gaining a personal fortune contributes positively to the country in some way.
a business leader using political means to achieve his ends
"Story of US - Assembly Line." YouTube. YouTube, 04 Apr. 2012. Web. 18 Dec. 2013
PBS. PBS, n.d. Web. 16 Dec. 2013.
"Captain of Industry." Wikipedia. Wikimedia Foundation, 12 Feb. 2013. Web. 17 Dec. 2013.
"Henry Ford Biography." Bio.com. A&E Networks Television, n.d. Web. 17 Dec. 2013.
"American Experience: TV's Most-watched History Series." PBS. PBS, n.d. Web. 15 Dec. 2013.
Ford's Moving Assembly
Used throughout the country
Helped industrialize America
Made mass production possible
products (like cars) could be more affordable