Philanthropy of henry ford Annotated Bibliography

Philanthropy of henry ford - Annotated Bibliography ExampleFord brought roughly many changes in the elevator car industry. His vision was to provide the Americans with a car that each of them could afford. The first car built by Ford called modeling T changed the way millions of people lived in get together States allowing them to travel faster as well as work farther away from home. Fords changes to the automobile industry left a lasting mark on the join States. As a result, this vision helped create the middle class in United States marked by urbanization, rising wages, creation of national highway systems, growth of suburbia as people could travel anywhere anytime. As the population of the Model T grew, he aimed towards global expansion of his company.Consumerism was his global vision as key to peace. He thought that multinational trade and cooperation can lead to international peace and he demonstrated this by using the assembly line and production of Model T. He also belie ved on the economic independence for United States. Soon Ford Company became the largest industrial complex that had its own vertical integration and could even produce its own steel. Henry Ford can be considered as a philanthropist because of this contribution to the people of United States and the world.Gregory Stobbs uses the Ford and his assembly line to explain about the patents methods in business. He explains how Ford unquestionable the assembly line and what were the economic repercussions of his invention.For example, Russ mentions that the automobile assembly line was built keeping the division of labor in mind. Previously, skilled craftsmen manufactured a intact car from ground using tools and materials from the tool room as per their needs. Ford wanted that each worker whether skilled or un-skilled work on wizard part of the car and add their part when the vehicle would roll down the assembly line. Each person would be doing a repetitive job without of all time havin g to worry about other parts of the