Why did Henry Ford decide to pay $5 per day to his workers?

Question

Quizplus · Accepted Answer

Henry Ford believed that paying his workers $5 a day would make them more productive and loyal, ultimately increasing profits for the company. He argued that it would allow them to afford the cars they were producing and make them better consumers. This decision was not forced by a union or made for purely humanitarian reasons. While it may have indirectly improved worker nutrition and living standards, these were not the main reasons for the wage increase.

Why Did Henry Ford Decide to Pay $5 Per Day