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Book Reviews of American Legends: The Life of Henry Ford

American Legends: The Life of Henry Ford
American Legends The Life of Henry Ford
Author: Charles River Editors
ISBN-13: 9781497449329
ISBN-10: 1497449324
Publication Date: 3/26/2014
Pages: 42
Rating:
  • Currently 4/5 Stars.
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4 stars, based on 1 rating
Publisher: CreateSpace Independent Publishing Platform
Book Type: Paperback
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Henry Ford was a man of contrasts. He raised wages at his factories to twice the going rate at the time. This encouraged the best workers to apply and work for him. However, Ford was strongly anti-Semitic. So was Charles Lindberg.

Ford believed in benevolent capitalism, offered a guarantee after the sale, and worked on different fuels for his vehicles. Ford did not invent the car; he perfected the assembly line to construct it. This reduced the cost of the autos over time. Ford specialized in building autos the average man could afford. His designs also improved farming equipment.

Henry shared his wealth by doubling the daily wage of his workers and adding things like cafeterias and profit-sharing (unheard of at that time). Henry Ford, through his actions, moved the working class into the middle class.