HIST 2057 Chapter : History Notes Ch 7-8
Document Summary
3/7/2012 7:43:00 pm: industrial and economic growth, many people found themselves successful in this time due to the industrial growth due to, a. Henry ford: made the automobile in a mass production possible so made them affordable. First company to mass produce an automobile: the idea of interchangeable parts. Meaning that before you had to make each part by hand, and now he made all the parts standard. Then you can produce a lot of them and have workers that all they do is assemble a specific part. All black: durable and cheap, what used to take 14 hours to build a car it only takes. 93 minutes: he is able to start to take control over the entire factory process. Vertical integration, he is able to control the whole process from top to bottom. He buys the industries that make and ship the products needed to make cars. Everything is done in one plant the river rogue plant.
