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Refresher on key terms

Explore Henry Ford's groundbreaking innovations in the early 20th century that transformed car production and increased productivity. Discover additional advancements and understand the concept of human capital.

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Refresher on key terms

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  1. Refresher on key terms

  2. Ford’s Innovations • In 1910, the Highland Park Plant produced 19,000 cars • In 1911, the Highland Park Plant produced 34,500 cars • In 1912, the Highland Park Plant produced 78,440 cars!

  3. Ford’s innovations continued • In 1914, the Highland Park Plant produced a Model T in 93 minutes • By 1920, a Ford was produced every minute.

  4. Group Work • What additional innovations did Henry Ford develop that so dramatically improved productivity in his Ford plants? How did he do it? • Read the two articles. You have 15 minutes to answer the question. Write your answers in your notebook. • http://bit.ly/HFinnovate1 • http://bit.ly/HFinnovate2

  5. What is human capital?

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