ACCT 3221 Chapter : Lexus Tori 500 Ad 12
Document Summary
Herbert hoover became president in 1929said 1920"s were a new era. Henry ford: 1893 he began successful auto business and his success reached its peak in the 1920"s. Was first to develop the idea of interchangeable parts in an assembly line. By 1925 company adopted a five day workweek because they were so efficient. One of his greatest achievements = the river rouge plant. By 1929 1 car for every 5 people and ford was able to drop the price of a car so more people could buy them. Mass production dropped the price of the car. Ford had the reputation of a poor farmer who made it big, and was popular figure. Posed himself as a benefactor of the poor and it worked: construction. More housing means more construction of roads and more cities being built upward (skyscrapers and buildings: a businessman"s country. Business men became very popular in the 1920"s.
