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| Topic: |
History
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| Number of pages / Number of words: |
5 / 1184 |
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Oldfield took the car around the country and thereby made the Ford brand known throughout the United States. Henry Ford was also one of the early racers of the Indianapolis 500. Henry Ford shocked his fellow workers by more than doubling the daily wage of most of his workers in 1914, eleven years after he established his first automobile factory...
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He knew what he was doing. The buying power of his workers was increased. Ford called it 'wage motive.
After two unsuccessful attempts to establish a company to manufacture automobiles, the Ford Motor Company was incorporated in 1903 with Henry Ford as vice-president and chief engineer. The infant company produced only a few cars a day at the Ford factory on Mack Avenue in Detroit...
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