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henry_ford [2024/03/19 05:29]
eziothekilla34
henry_ford [2024/03/20 07:07]
eziothekilla34
Line 32: Line 32:
  
 He implemented a $5 daily wage for his workers in 1914, doubling the prevailing wage at the time, to reduce turnover and increase productivity.[([[https://www.thehenryford.org/explore/blog/fords-five-dollar-day/|thehenryford]])] He implemented a $5 daily wage for his workers in 1914, doubling the prevailing wage at the time, to reduce turnover and increase productivity.[([[https://www.thehenryford.org/explore/blog/fords-five-dollar-day/|thehenryford]])]
 +
 +===== Fordism =====
 +
 +Ford's concept of "Fordism" emphasized mass production, standardization, and efficiency, influencing manufacturing practices worldwide.[([[https://www.sciencedirect.com/topics/earth-and-planetary-sciences/fordism|sciencedirect]])]
 +
 +===== Fordson =====
 +
 +In 1915, Ford founded Fordson, a subsidiary to produce tractors, which became highly successful.[([[http://www.iowapbs.org/shows/tractor-wars/documentary/10888/tractor-wars|iowapbs]])]
 +
 +===== Peace Ship =====
 +
 +Henry Ford was an advocate for peace and opposed World War I, even funding a peace ship, the SS Oscar II, to try to end the conflict.[([[https://www.americanheritage.com/henry-ford-and-his-peace-ship|americanheritage]])]
 +
 +===== Aviation =====
 +
 +He had a strong interest in aviation and established the Ford Airplane Company in 1925, producing the Ford Trimotor, nicknamed the "Tin Goose."[([[https://medium.com/propliners/three-engines-and-a-tin-goose-8e2c6b8a7ae5|medium]])]
 +
 +===== Soybean As Versatile Agricultural Product =====
 +
 +Ford was an early proponent of soybeans as a versatile agricultural product, using them in manufacturing plastics, paints, and even car parts.[([[https://utah.agclassroom.org/matrix/lesson/740/|agclassroom]])]
 +
 +===== Prolific Inventor =====
 +
 +Ford was a prolific inventor, holding over 160 patents, including ones for improvements to the assembly line and automobile design.[([[https://www.studysmarter.co.uk/explanations/engineering/what-is-engineering/henry-ford/|studysmarter]])]
 +
 +===== Fordlandia =====
 +
 +He purchased a large tract of land in the Amazon rainforest in 1927, intending to create a rubber plantation, but the project ultimately failed.[([[https://www.npr.org/2009/08/04/111297852/fordlandia-an-automakers-failed-jungle-utopia|npr]])]
 +
 +===== Collector =====
 +
 +Ford was an avid collector of Americana, amassing a significant collection of historical artifacts, including the chair Abraham Lincoln was sitting in when he was assassinated.[([[https://www.wxyz.com/news/how-the-henry-ford-helped-conserve-the-chair-abraham-lincoln-was-sitting-in-when-he-was-assassinated|wxyz]])]
 +
 +===== Anti-Semitic =====
 +
 +Ford was known for his anti-Semitic views and writings, which have been a subject of controversy and criticism.[([[https://www.pbs.org/wgbh/americanexperience/features/henryford-antisemitism/|pbs]])]
 +
 +===== Impact On Industry =====
 +
 +Despite his controversial beliefs, Ford's impact on modern industry and transportation cannot be overstated.[([[https://socialstudieshelp.com/american-history-topics/henry-ford-a-biography/|socialstudieshelp]])]
 +
 +===== One Of The Wealthiest =====
 +
 +He was one of the wealthiest individuals of his time, amassing a fortune through his automotive ventures.[([[https://justspeak.org/henry-ford-net-worth-in-today%CA%BCs-money/|justspeak]])]
 +
 +===== Innovative Approach =====
 +
 +Ford's innovative approach to business management and manufacturing processes earned him widespread recognition as an industrial pioneer.[([[https://hrcak.srce.hr/file/323216|hrcak]])]
 +
 +===== Workdays =====
 +
 +Ford's introduction of the 8-hour workday and weekend off for his employees set a standard that many other companies would eventually adopt.[([[https://www.indiatoday.in/education-today/gk-current-affairs/story/40-hour-workweek-henry-ford-1026067-2017-07-27|indiatoday]])]
 +
 +===== Vocational Education =====
 +
 +He was an early supporter of vocational education, establishing the Edison Institute (now known as The Henry Ford) in Dearborn, Michigan, in 1929.[([[https://scholarworks.iupui.edu/bitstreams/750b090b-30e9-4f3f-8619-85324c4a418c/download|scholarworks]])]
 +
 +===== Interest In Agriculture =====
 +
 +Ford's interest in technology extended to agriculture, where he experimented with various farming methods and machinery.[([[https://www.linkedin.com/pulse/henry-ford-agriculture-ned-birkey|linkedin]])]
 +
 +===== Role Model =====
 +
 +He served as a role model for generations of entrepreneurs and business leaders, inspiring them to innovate and challenge conventional wisdom.[([[https://edubirdie.com/examples/henry-ford-leadership-and-management/|edubirdie]])]
 +
 +===== Philanthropic Efforts =====
 +
 +Ford's philanthropic efforts included funding research in medicine, education, and social welfare.[([[https://fordfund.org/our-work-in-action|fordfund]])]
 +
 +===== Grand Cross of the German Eagle =====
 +
 +He was awarded the Grand Cross of the German Eagle by Nazi Germany in 1938, a controversial decision given his anti-Semitic views.[([[https://www.history.com/news/henry-ford-antisemitism-worker-treatment|history]])]
 +
 +===== Automotive Hall of Fame =====
 +
 +Ford was inducted into the Automotive Hall of Fame in 1946 for his contributions to the automotive industry.[([[https://corporate.ford.com/articles/history/henry-ford-biography.html|ford]])]
 +
 +===== Death =====
 +
 +He died on April 7, 1947, at the age of 83, at his estate in Dearborn, Michigan.[([[https://www.clickondetroit.com/all-about-michigan/2023/04/08/76-years-ago-while-rouge-river-floods-dearborn-estate-henry-ford-dies-at-83/|clickondetroit]])]
 +
 +===== Legacy =====
 +
 +Ford's legacy lives on through the continued success of the Ford Motor Company, which remains one of the largest automakers in the world.[([[https://corporate.ford.com/about/history/company-timeline.html|ford]])]
 +
 +===== Grandson =====
 +
 +His grandson, Henry Ford II, played a significant role in expanding the company's global presence during his tenure as CEO.[([[https://ophelia.sdsu.edu:8443/ford/07-24-2008/about-ford/heritage/people/henryfordii/654-henry-ford-ii.html|ophelia]])]
 +
 +===== Model T In Various Colors =====
 +
 +Ford's Model T was famously available in any color as long as it was black, due to the faster drying time of black paint.[([[https://www.quora.com/Why-did-Henry-Ford-say-%E2%80%9CA-customer-can-have-a-car-painted-any-color-he-wants-as-long-as-it%E2%80%99s-black%E2%80%9D|quora]])]
 +
 +===== Improving Automotive Production =====
 +
 +He believed in the importance of vertical integration, owning rubber plantations, iron mines, and glass factories to supply his automotive production.[([[https://hrcak.srce.hr/file/323216|hrcak]])]
 +
 +===== Employee Benefits =====
 +
 +Ford was a pioneer in employee benefits, offering profit-sharing, medical care, and pensions to his workers.[([[https://www.thehenryford.org/collections-and-research/digital-collections/artifact/255638/|thehenryford]])]
 +
 +===== Close Friend Of Edison =====
 +
 +He was a close friend of Thomas Edison, the inventor of the electric light bulb, and their friendship greatly influenced Ford's views on technology and innovation.[([[https://www.loc.gov/collections/edison-company-motion-pictures-and-sound-recordings/articles-and-essays/biography/life-of-thomas-alva-edison/|loc]])]
  
henry_ford.txt · Last modified: 2024/03/20 07:15 by eziothekilla34