Henry Ford's Responsibility For Creating The American Middle Class

1680 Words Apr 6th, 2016 7 Pages
More than any single person of the last century, Henry Ford can take responsibility for creating the American middle class. We can thank him or curse him, but either way, we have to acknowledge the impact Henry Ford had on our society. You might not know that Henry Ford did not start out as a successful producer of automobiles. After building his first car, the Quadricycle. In 1899 he formed the Detroit Automobile Company, which quickly failed after only a few vehicles were produced. Henry and some of his original investors regrouped and formed the Henry Ford Company which quickly ran into problems as well. Henry Ford was dismissed by his board of directors from the company that carried his name because of his inability to bring a car to production. The company was reorganized as the Cadillac Motor Car Company under the engineering leadership of Henry Leland. In 1903 Henry Ford felt he was ready to market an automobile for the public and the Ford Motor Company was incorporated, this time with only $28,000 in cash put up by a new group of investors. That original investment was spent down to $300 before the company’s first car was sold, but from that time on the company was a success. In October of 1908 Henry Ford proclaimed “I will build a motor car for the common man, and that’s when the Model T was born. In the 19 years of the Model T’s existence, Ford built more than 15 million of the Model T and they were sold around the world. In fact in their time Model…
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