Volti Chapter 2 Questions: Barrett Snyder
- Henry Ford’s improvements and refinements to the assembly line process allowed increasingly simple assembly tasks and lower skilled labor to be used. Why did Ford describe raising the wages of his workers to $5 a day as “one of the finest cost-cutting moves we ever made”?
- What are the long-term economic advantages to creating a car company based on acquisitions of other brands rather than a single company producing almost only one model of vehicle exclusively?
- How did the control of patents affect the development of the early auto industry?