Henry Ford revolutionized the automobile industry by selling millions of cars at a small unit of profit, which enabled his company to maintain low auto prices and high wages for workers. This approach was central to Ford's business model and contributed significantly to the widespread adoption of the automobile in the early 20th century.

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Henry Ford

Question 54

Multiple Choice

Henry Ford

A) was the second automobile manufacturer to use a moving assembly line.
B) was the first automobile manufacturer to manufacture a standardized engine with interchangeable parts.
C) sold millions of cars at a small unit of profit that allowed his company to keep auto prices low and wages high.
D) all of the statements are true.

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