Henry Ford
After a few trials building cars and companies, in 1903, Henry Ford established the Ford Motor Company. Ford introduced the Model T in October of 1908, and for several years, the company posted 100 percent gains.
However, more than for his profits, Ford became renowned for his revolutionary vision: the manufacture of an inexpensive automobile made by skilled workers who earn steady wages.
In 1914, he sponsored the development of the moving assembly line technique of mass production. Simultaneously, he introduced the $5-per-day wage ($110 in 2011) as a method of keeping the best workers loyal to his company. Simple to drive and cheap to repair, half of all cars in America in 1918 were Model T's.
Indian has more than 1 billion people The eighth edition of the India Skills Report (ISR 2021) released 2 weeks ago (19 Feb) has revealed that less than half of the Indian graduates are employable. ... The report found that overall in 2021, only 45.9 per cent of graduates are employable, a decline from 46.2 per cent in 2020 and 47.4 per cent in 2019.
The Andes mountains all lie beneath the Tropic of Capricorn.
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