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Ford's First Quadricycle Test
- Henry Ford personally tested and fixed his first motorized vehicle, the Quadricycle, in 1896.
- His early persistence symbolizes his deep involvement in automotive innovation.
Impact of Moving Assembly Line
- The moving assembly line cut Model T production time from 13 hours to under 2 hours.
- This innovation improved quality, reduced costs, and boosted America's car ownership.
Ford's Wage and Shift Reform
- Doubling workers' pay and reducing shift length boosted productivity and reduced turnover.
- Ford’s welfare capitalism aimed to improve efficiency, not just worker well-being.