While Ford was not the inventor of the motor car, he is credited with developing mass production techniques, such as the assembly line, which have helped reduce production costs. Instead of manufacturing a few units a month, Ford’s plants could complete hundreds of cars per day.
Ford’s impact on the manufacturing sector of the economy was and continues to be enormous. Ford is often credited with inventing the moving assembly line, a system for carrying an item that is being manufactured past a series of stationary workers who each assemble a particular portion of the finished product.
Big companies could grow by merging with other companies or acquiring them. B. Factory workers could start in low positions and work their way up to management.
