Why did Henry Ford decide to pay $5.00 per day to his workers?

Question

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Henry Ford believed that paying $5.00 a day would increase worker productivity. He wanted to ensure that his workers could afford to buy the cars they were producing, but he also recognized that paying his workers more would motivate them to work harder and be more loyal to the company. By paying a higher wage than his competitors, Ford was able to attract and retain the best workers, leading to increased productivity and profitability for his company.

Why Did Henry Ford Decide to Pay $5