In the 1920s, the automobile industry rapidly innovated through companies that introduced new cars. In 1901, the new factory in Detroit was burned down and the only car rescued from flames was Oldsmobile, a compact car "gas dash" gasoline car. In 1901, at first glance "infinite" petroleum supply was found near Beaumont, Texas. These abundant petroleum sediments make gasoline readily available and provide further driving force to the internal combustion engine in competition with steam and electricity.
In 1896, Ford produced a car with a 4 horsepower engine that can reach up to 20 mph! At that time it was very fast. He named it Quadricycle Runabout and sells it for $ 200. He founded the Ford Motor Company on June 16, 1903. In the first year of Ford, his company produced 1780 cars! This is a wonderful beginning of the company. In 1913, Ford introduced the first assembly line which drastically shortened production time. He set a minimum wage of $ 5.00 a day. When America entered the war in 1917, Ford ordered his factory to begin making something useful to win the war. Ford has an effective production line that will help him raise wages while reducing product costs while he makes employees the highest salary in the industry. Henry Ford wants his workers get a high salary so that they do not oppose him. For Ford, this is a smart way.
Before Ford emerged, the car was a boutique item that only rich people could buy. After Ford introduced the assembly line (in fact a series of assembly lines for various parts of the car) labor productivity has increased to the point that it can be mass produced. Continuous productivity improvement means that Ford can reduce the price of T-cars while making small but important changes to steadily improve the quality of automobiles every year. Since Ford does not produce other cars, mass production eliminates the choice, but Ford makes T type deformation like a small car with the same chassis, and the owner makes various models for camping and agriculture Modified the model Ts.
Henry Ford - In the 1890's, Ford used an internal combustion engine (ie a car) to do the experiment. But his greatest achievement is his production plan - mass production of the same car for mass consumption -. Ford established the Ford Motor Company in 1903 and by doing so, democratized the car. - These developments promote broad optimism, even in the south where the factory started using automated looms and lights. These factories, such as the southern steel manufacturing industry, were developed by investors in the north in the 1880s. However, the south has improved and never actually appears until the end of the First World War.