Henry Ford (Ford Motor Company)

Henry Ford was an American industrialist best known for founding the Ford Motor Company and revolutionizing the automobile industry. He introduced the assembly line technique, which significantly lowered production costs and made cars affordable for the average person. His famous Model T, launched in 1908, transformed personal transportation. Ford also implemented innovative labor practices, including a five-dollar workday, improving workers' wages and conditions. This approach not only boosted productivity but also enabled workers to buy the cars they produced, contributing to the growth of the middle class in the United States. Ford's influence is still felt in manufacturing today.