Henry Ford - PowerPoint PPT Presentation

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Henry Ford

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-Henry Ford, 1922 Henry Ford How did Henry Ford acquire his wealth? From a very young age Ford enjoyed taking things apart and putting them back together. – PowerPoint PPT presentation

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Title: Henry Ford


1
Henry Ford
  • The gifted man bears his gifts into the world,
    not for his own benefit, but for the people among
    whom he is placed
  • -Henry Ford, 1922

2
How did Henry Ford acquire his wealth?
  • From a very young age Ford enjoyed taking things
    apart and putting them back together. Once Ford
    started working with steam engines he focused on
    creating a lighter engine. His business
    principles and ideas for mass production gave him
    a large advantage. Ford used his ideas to create
    the Model TT, the worlds first affordable car.
    The Model T became a dominant force in the
    industrial world and brought Ford his success.

3
How did Henry Ford treat his workers?
  • Henry Ford payed his workers an unheard of amount
    of 5. At the time, 5 was a very large amount,
    bringing employees to middle-class status. Fords
    payment to his workers shows the respect he had
    for them. He easily could have overworked and
    underpaid them, but he was better than that. Ford
    hired workers that most bosses wouldnt. The
    handicap and mentally disabled could be found in
    Fords workplaces. This is because Ford felt that
    everyone deserved a chance to better themselves.
    Ford also cared about his workers home life,
    in-fact he had a sociological department check up
    on his workers home life regularly. Also, Ford
    established the highest standards in company
    management.

4
How did Henry Ford spend his money?
  • Being the good man that he was, Henry Ford spent
    most of his money on charities. Henry Ford
    donated a large sum of money towards breast
    cancer research, or the Susan G. Komen Cure. The
    reason Ford donated so much was because his wife
    was diagnosed with Breast cancer, which was a
    large setback in his life. Along with his
    donations, Ford founded the Henry Ford Hospital
    in Detroit, MI. Ford worried less about himself,
    and spent his fortune on the well being of those
    around him.

5
How did Henry Ford donate his money?
  • Sadly, Henry Fords wife was diagnosed with
    Breast Cancer. This changed Fords life and
    motivated him to donate a large sum of his
    fortune to the cause. The Susan G. Komen Cure was
    what Ford donated to. Along with the Komen Cure,
    Ford left a very large sum of money for his son
    when he died. Ford raised his son to be good and
    give back. Growing up, Edsel Ford was always
    influenced to create a foundation Fordson.

6
Why was Henry Ford better than the other Robber
Barons?
  • Henry Ford was a humanitarian. Ford was a human
    being. Of course, he had his characteristic
    flaws, but nobody is perfect. He sacrificed his
    happiness to the transformation of the USA. Henry
    Ford distinguished himself from any other head
    company owner by giving more to others rather
    than worrying about himself. The essence of his
    success lies within the foundations he left
    behind, as charities or even his Henry Ford
    Hospital. The impact Ford had on the world leaves
    him to be defined as far from any Robber Barron.

7
Was Henry Ford a Robber Barron or Captain of
Industry?
  • Henry Ford can be considered a Captain of
    Industry. Henry Ford was unlike any other Robber
    Baron, and no others compare to him. Ford was
    self-made and an outstanding man. His creation of
    the Model T revolutionized the industrial world.
    His assembly line did the same by allowing mass
    production throughout the industrial world. Also,
    he cared about others more than himself. Ford
    donated most of his money to charities such as
    the Susan G. Komen cure. Ford also established a
    hospital and left money for his son to establish
    a foundation, later known as the Ford Foundation.
    Fords reputation as a factory owner is
    outstanding as well. Ford treated his workers
    with the utmost respect, and he cared about them
    tremendously. Ford payed his workers a very high
    price and even hired the disabled because he felt
    everyone deserved a second chance. Henry Ford was
    solely for and a pioneer of mass production.
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