This Week in History: Week 24 (16 June 1903)
Henry Ford Founds The Ford Motor Company
Henry Ford founds a company that will revolutionize industrial production methods.
In 1903, Henry Ford and 11 business associates signed the Ford Motor Company's articles of incorporation. Established with just $28,000, the company sold its first car, a "Model A Ford", a month later to a doctor in Detroit. In 1913, the company developed a new production method called the "assembly line". It had each worker staying in one place and performing the same task on each car as it passed by. This revolutionary new production method greatly improved efficiency and was soon being used in factories around the world.
revolutionize (verb): change (something) completely and fundamentally
industrial production (noun): the making or manufacture of things on a large scale
business associate (noun): a person who is connected to another in a certain line of work
assembly line (noun): line of people doing parts of a job to make a finished product
efficiency (noun): how well something works
Mini Quiz
1. The Ford Motor Company sold its first car
a) for $28,000
b) to a doctor in Detroit in 1913
c) a month after it was founded
cShow answer
2. Each worker on Ford's assembly line performed
a) many tasks on one car
b) one task on many cars
c) many tasks on many cars
bShow answer
3. If a new production method revolutionizes manufacturing, it
a) changes it slightly
b) changes it slowly
c) changes it completely
cShow answer