In 1900 - only 4000 cars were produced in the USA, By 1929 - Almost 5 million cars came off the production line, The model T Ford cost fell from $1200 in 1909 - To $295 by 1925, A car cost a worker - 3 months wages., The car industry accounted for 75% - of US plate glass production., The car industry accounted for 20% - of US steel production., Ford’s River Rouge car plant (Detroit) - Employed over 80,000 men., Henry Ford described the assembly line as - ’taking the car to the man, not the man to the car’, In 1913 it took 14 hours to assemble a car - by 1914 it took 93 minutes., The car industry accounted for 80% - of rubber production., Cars consumed 7 billion - gallons of oil per year - making Texas rich., Car ownership changed society - It lead to an expansion of the suburbs., $1 billion a year - was invested in a new road network., Henry Ford doubled wages to - $5 per day, 1 in 5 Americans owned a car - compared to 1 in 43 in Britain, In the early 1900s cars were affordable - only by the rich!, Ford sold cars to his own workers - using a company savings scheme!, The assembly line was adopted / copied - by other consumer manufacturers , Half the 29 million cars on US roads in 1929 - were model T Fords., Ford said, ‘You could have any colour you like…’ - ’…so long as it was black’ (Standardisation),
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Automobile Industry - Creating a 'cycle of prosperity'
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