Question

What led to Henry ford success as an entrepreneur

Answer 1

His innovative production methods.  

Further Explanation:

The age of Henry Ford was around 40 when he came into the Automobile sector and founded Ford Motor Co. In the year 1903. When he came to the automobile sector, cars were only available to only wealthy people but within four decades, His vision of mass production led to the production of reliable yet affordable cars for the people and it also sparked a modern industrial revolution. Henry Ford was very much fascinated with gasoline-powered automobiles as he always thought that the automobile industry promised a bright future.  

The first model Ford produced under his name was Model A in the year 1903 and with a span of one year by 1904, around 500 Model A’s were sold worldwide. Henry Ford had a vision that he wanted to create an automobile which everyone was able to afford  and to achieve his dream of luxury yet cheaper car, He introduced car named Model T in the year 1908 which was nicknamed as ‘Tin Lizzie’ and that model went on to be so successful that ford denied many of its orders stating that the factory was already occupied with completion of previous orders.

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Answer Details:

Grade: High School

Chapter: Henry Ford

Subject: History

Keywords: Henry Ford, Ford, Cars, Automobile, Industrial revolution, Model A, Model T, Tin Lizzie, Car, Cheaper car.  

Answer 2

His innovative production methods. is the answer!