...How far were the policies of the Republican Party the main reason for America’s economic success in the 1920’s [50 marks] Although America remained neutral and did not join World War One until 1917, they were already increasing their country’s profits by selling goods such as: weapons, food, equipment and other ammunition to both sides of the war. During World War One, as well as selling goods, America became ‘the banker’ to the rest of the world: loaning countries money at a very high interest. According to the First World War commissions “Britain, France and Italy owed the USA $22 billion plus interest”, this is showing that USA was at a very stable place financially even before the 1920s began. When the war ended Woodrow Wilson put forward his 14 Points which included a League of Nations. The League of Nations’ overall aim was to prevent war from breaking out again. America’s congress at the time decided that it would be best for America in the long run not to join the League of Nations because, congress believed that the USA should not interfere in any European or world affairs. Refusal to join the League of Nations made America an isolationist country. When Warren G. Harding won the presidential election and became president in 1921 a political party called the Republicans took over from the Democrats and the American government. 1920s America was known as the ‘Roaring twenties’ because of the entertainment and the crazes sweeping the country. There were lots of...
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...How far were the policies of the Republican Party the main reason for America’s economic success in the 1920’s [50 marks] Although America remained neutral and did not join World War One until 1917, they were already increasing their country’s profits by selling goods such as: weapons, food, equipment and other ammunition to both sides of the war. During World War One, as well as selling goods, America became ‘the banker’ to the rest of the world: loaning countries money at a very high interest. According to the First World War commissions “Britain, France and Italy owed the USA $22 billion plus interest”, this is showing that USA was at a very stable place financially even before the 1920s began. When the war ended Woodrow Wilson put forward his 14 Points which included a League of Nations. The League of Nations’ overall aim was to prevent war from breaking out again. America’s congress at the time decided that it would be best for America in the long run not to join the League of Nations because, congress believed that the USA should not interfere in any European or world affairs. Refusal to join the League of Nations made America an isolationist country. When Warren G. Harding won the presidential election and became president in 1921 a political party called the Republicans took over from the Democrats and the American government. 1920s America was known as the ‘Roaring twenties’ because of the entertainment and the crazes sweeping the country. There were lots of...
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...name of Henry Ford. He was an ambitious young man with many hopes and dreams. He had a drive unlike many of the boys in my town and this made him exceedingly attractive to a young girl like myself. The attraction went both ways and we went together for some time until Henry won me over and on july 12th 1889 I became his bride. At the time I loved Henry no matter how much money he made but his work on his fathers farm a few days a week was hardly putting enough food on the table. I knew how badly Henry wanted more but I didn’t know just how badly until around the year 1903. In 1903 Henry made the biggest and best decision of his life. Henry gave his Model T. Ford idea a shot and asked for a loan from a wealthy coal dealer from Detroit. Henry had always had a way about him that made others believe just about everything he said so it was no surprise to me that this man, Alex Malcomson, agreed to give him the loan. The result was the Ford Motor Company, founded in 1903, with its small, $28,000 financing supplied mostly by Malcomson. However, exchanges of stock were made to obtain a small plant, motors, and transmissions. Ford's stock was in return for his services. Much of the firm's success can be credited to Ford's assistants—James S. Couzens, C. H. Wills, and John and Horace Dodge. By 1903 over fifteen hundred firms had attempted to enter the new and struggling automobile industry, but only a few, such as Ransom Eli Olds (1864–1950), had become firmly established. Ford began...
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...the Model T The Ford Model A was a upgrade to the Model t that soon became very popular. During the 1920’s there was many other car manufacturers , but Ford was the most popular and affordable to the people. Henry Ford produced many cars, but had two very popular models, these being the Model T and the Model A. Both models made by Ford were very prominent and affordable, and made for mass production to fulfill the needs of our growing society. The Model T was a admirable car during its production, but soon owners realized that it had a few flaws. Henry ford saw these small issues and decided to resolved them with a upgrade, with the new Model A. Henry Ford’s many new improvements made the Model A a great advancement compared to the Model T for the Ford company in the automobile industry. The Model A was a great improvement and influence to car history and the advancements we have today in our society. The Model T was a great automobile introduction to the United States, a mass produced car with lots of new interesting specs. The Model T had many new features to a car that many Americans had not seen in automobiles. For example the Model T had a four cylinder, with detachable cylinder heads for easy access and repair (“Model T.” Encyclopedia Britannica). Although when the Ford Model T was introduced there was no paved roads and was very rural compared to today. During the start of production the Model T was available in grey, green, blue, and red although Henry later changed it...
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...Henry Ford was born July 30, 1863. He was one of eight children. Henry and his family lived on a farm in Dearborn, Michigan. His father was a farmer and wanted Henry to take over the family farm, but Henry had on interest in the farm or farming. Henry’s parents left Ireland and settled in Detroit in the 1840’s due to the potato famine and his education was limited due to this, but he was very good at machinery. Henry Ford was the creator of the Ford Model To car in 1908. He was the first person to build the gasoline powered horseless carriage. He said,1 “Quality means doing it the right way when no one is looking!” He gathered together $10,000 and went on to establish the Ford Motor Company in 1903. He married a girl named Clara Bryant...
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... Henry Ford Henry Ford was founder of the Ford Motor Company and the man who ‘put America on wheels’ with his Model T Ford that was affordable to the masses. Early life of Henry Ford. Ford was born in his parent farm in Dearborn, Michigan on July 30, 1863. Ford is the third of eight children of William and Mary Ford. He worked with his father in the farm, he had limited education but he was always good with machinery. When he was 16 years of age he walked to Detroit to find work. He found work as a machinist because he was fascinated by machines and then later became an engineer. He held many similar jobs in over two and half year’s period. In 1879 left the farm to be an apprentice in Michigan Car Company and manufacturer of railroad cars in Detroit. Start of Ford. After years of getting different engineering jobs with different companies he returned home. In 1882 Ford returned home. He farmed a little and also operated and serviced portable steam engines used by farmers. In 1888 Ford marries Clara Bryant. He wanted to start a family and have children. In 1891 he moved to Detroit to take a job as a night engineer at Edison electric Illuminating Company. Ford did not know a lot about electricity and wanted the opportunity to learn. Early engineer. After years working with the Illuminating Company he was moving on up in the work force. In 1896 Ford was promoted to chief engineer of the Illuminating Company. One of Ford greatest invention was...
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...term motorcar has also been used in the context of electrified rail systems to denote a car which functions as a small locomotive but also provides space for passengers and baggage. These locomotive cars were often used on suburban routes by both interurban and intercity railroad systems. There are approximately 600 million passenger cars worldwide (roughly one car per eleven people). Around the world, there were about 806 million cars and light trucks on the road in 2007; the engines of these burn over a billion cubic meters (260 billion US gallons) of petrol/gasoline and diesel fuel yearly. The numbers are increasing rapidly, especially in China and India. History of automobiles Starting in the late 1700's, European engineers began tinkering with motor powered vehicles. Steam,...
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...History of Ford Motor Co. Shaun Mains Alvernia University The Ford Motor Company is an American based automobile manufacturer that was founded in 1903 by the late Henry Ford. The company pioneered the early integrated moving assembly line, fought and beat early gasoline powered automobile patents, and even survived the Great Depression. Today, Ford is the fifth largest automobile manufacturer in the world, based on sales, and is the largest family controlled company in the world (History). Henry Ford, along with 11 other investors, founded Ford Motor Company on June 16th 1903 (History). In its early years the company produced the Model A, S, K and most notably, the Model T. The popularity of the Ford Model T from 1908 through 1913 is what fueled the development of the integrated moving assembly line. The assembly line simplified the manufacturing process and made mass production possible (Company). The chassis assembly line alone went from 12.5 hours to produce a chassis, down to 1.5 hours (Company). The Ford Model T was a huge success for the automobile manufacturer. The vehicle was priced significantly lower than the competition largely in part to Henry Ford’s insistence on building integrated manufacturing plants and the utilization of the integrated moving assembly line. The company’s main goal of the time was to build a vehicle for the everyday American, and the company priced their vehicles accordingly. This achievement allowed even the poorest of Americans...
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...During Aldous Huxley’s young adult life, he was apart of what many historians like to call the “Roaring Twenties”. This era and time period during the 1920’s led into the stock market crash of 1929, causing the Great Depression. Huxley had a general discomfort for the economic upheavals and rejection of traditional values by the youth of the generation (Napierkowski and Stanley). Deciding to write out against these feelings, Huxley wrote one of his best works, Brave New World, in 1931. Brave New World is a dystopian novel that takes place in a futuristic setting where extensive improvements to science and technology has created a world that is foreign to all readers. Throughout Huxley’s adult life, his interpretations of Henry Ford and the...
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...that is to make the best possible use of money, time, materials and people. (Bateman, T. S., & Snell, S. A. (2011). Within the process of management there are four functions planning, organizing, leading and controlling, which have many factors that impact them. The four functions have key components that are external, internal, innovation, globalization, technology, diversity and ethics. The main tool mangers use out of all of the four functions is organization, in order to maintain control you have to have organization. The one thing that affects business today is the economy, you may not be able to make consumers buy a product to improve the economy but you can promote the product to help improve it. The cost of many things have increased over the years especially in the automotive industry, back in 1896 a man by the name of Henry Ford built the first gasoline powered vehicle. In the 19th century the citizens of the United States couldn’t afford a whole lot, let alone an automobile. Over the years since Henry Ford build the first vehicle he worked for the Edison Illuminating Company and planned to open his own manufacturing business. He never gave up and after two unsuccessful attempts to open his own company, he finally succeeded in 1903 and finally established the Ford Motor Company. He started Ford Motor Company with $28,000.00 and through planning and organization Henry Ford manufactured the first car not long after the company was established and sold the first one...
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...Chandran V B14071 BM-B Contents Contents ....................................................................................................................................................... 1 Introduction .................................................................................................................................................. 2 Henry Ford – The man who divided the notion of modern economic and social system into Fordism and post-Fordism ................................................................................................................................................. 2 Assembly Line ........................................................................................................................................... 3 Vertical Integration ................................................................................................................................... 4 Profit Sharing ............................................................................................................................................ 5 General Motors – The David who beat the Goliath (Ford) ........................................................................... 5 Reorganization of GM into divisions with decentralized responsibility and centralized control ............. 7 Range of products with prices made affordable by financing .................................................................. 7 Introduction of new models annually .........
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...The following were reasons why American industry boomed in 1920’s. i. The Impact of the car ii. Credit iii. Policies of the Republican Party. Which of these reasons do you think was the most important? Explain your answer referring only to the three points stated above. (10) I think the most important reason why the American industry boomed in the 1920’s was the impact of the car. Ford was the first car and it was founded in 1903 by Henry Ford in Detroit, Michigan but it business really boomed from 1918 onwards. The first car produced was the ‘Model T’. Its first cost was $1200 but by 1928 it was reduced to $295 meaning it was affordable for all families so most people’s quality of life was improved. Due to the low prices and the new technology of the car, it appealed to lots of families meaning mass production was to occur to have the supply to meet the demand consequently leading to more employees for cheap prices doing small jobs. Not only did the car supply all of this but in the mid 1920’s Ford cars consumed 90% of petrol, 80% of rubber and 75% of plate glass which increased other industries profits too triggering the boom. All of these factors...
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...Ford: Ride the Mustang Christian D. Smithson Florida State College at Jacksonville Author Note Smitcd42@students.fscj.edu Abstract Ford has been one of the most popular car manufacturers in the world for over 100 years. In this report we will dive deep in to the roots of the Ford Motor company and analyze the overall health of the company over the past 15 years. We will study how the financial crisis of 2008 impacted Ford and how they managed to make it through. Ford pioneered many of the techniques other car manufacturers use to make cars today lending to their great success. If it wasn’t for Ford the automotive industry would probably be very different today. Ford: Ride the Mustang On June 16, 1903 the Ford Motor Company gets incorporated. With only twelve investors owning 1,000 shares and empire is born. At 9:30 in the morning on this day, June 16, 1903, Henry Ford and other prospective stockholders in the Ford Motor Company meet in Detroit to sign the official paperwork required to create a new corporation. Twelve stockholders were listed on the forms, which were signed, notarized and sent to the office of Michigan’s secretary of state. Henry Ford (255 shares), Alexander Y. Malcomson (255 shares), John S. Gray (105 shares), John W. Anderson (50 shares), Horace Rackham (50 shares), Horace E. Dodge (50 shares), John F. Dodge (50 shares), Chrles T. Bennett (50 shares), Vernon C. Fry (50 shares), Albert Strelow (50 shares)...
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...The 1920’s: Baseball Uniform The decade of the 1920’s is often characterized as a period of American prosperity and optimism. This was the Jazz Age, the decade of the flappers. The 1920’s opened with an explosion of color and the wailing sounds and fast rhythms of jazz and energetic dancing. It was a time of tremendous change in America. America was one of the victors in the First World War and it enjoyed a period of great prosperity in the twenties. The Americans were opposed to anything that might drag them into another European war. Many Americans simply wanted to enjoy the prosperity that had developed in the previous decade and felt that foreign entanglements would threaten it. For the next decade America kept to herself for the most part. Most Americans enjoyed a high standard of living. Food was plentiful and cheap thanks to the vast quantity produced on American farms. More and more people bought their own houses through mortgages. Thanks to Henry Ford and mass production, one could buy a ford for $290. It was the “Roaring Twenties,” the decade of bath tub gin, the model T, the $5 work day, the first transatlantic flight, and the movie. It was the great age of popular entertainment. Among the world of entertainment, there were sports. Baseball’s growing popularity in the 1920’s can be measured by structural and cultural changes that helped transform the game. Ballparks were being constructed left and right. In 1920 the Cubs Field was opened and in 1926 re-named to...
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...muscles of the 60’s. Thesis: Although there were many American Muscles cars created in the 60’s only three were widely recognized. I. Introduction A. Attention Getter: A loud roar is heard in the distance as the driver revs his engine. Eight cylinders of Intense power with its five speed transmission. Cars that are meant to be raced and compared to each other. In an adrenaline pumping race of performance. According to Fast Muscle by Gabbard and Gabbard, “The decade began with Ford, GM, and Chrysler in an expanding cubic inch and horsepower war. C. Thesis statement: Although there were many American Muscle cars created in the 60’s only three were widely recognized. D. Credibility statement: 1. I have worked and studied American muscles since I was 11 years old. 2. I have read and have done further research to develop this speech. E. Preview of main points: 1. Today I will discuss the muscles cars of Ford, 2. GM 3. and Chrysler Transition: “Now let us start our engine with Ford in the American muscle race.” II. Body A. Ford motor company 1. History I. Ford motor company was created in June 16, 1903 when some investor decided to sign article of incorporation for Ford motor company. II. The company was founded by Henry Ford Sr. III. Ford had the very first moving assembly line in Michigan 2. The very first car that Ford had was the Model...
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