How was Henry Ford able to reduce the sale price of the Model T

1 answer:

8 0

Henry Ford was able to reduce the sale price of the Model T by developing a mass production system through the use of assembly lines.

Although the assembly line was for many years, an invention attributed to Henry Ford, the reality indicates that the first record of a car manufactured by this system dates from 1901, product of an idea of the industrialist Ransom Olds. However, its production was not sufficient for Ford's idea of popularizing the automobile. Ford decided to improve the assembly line inspired by a factory of rifles and often based on improvisation, to increase the productive capacity of this system. This alternative brought as a consequence the erroneous final attribution of the invention to Henry Ford, instead of Ransom Olds.

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