Henry Ford founded the Ford Motor Corporation in 1903 and introduced a novel manufacturing process that was called ASSEMBLY LINE, it was faster and less expensive than other processes. This process divided the production into several step-by-step processes, each part moved from workstation to workstation every moment until all parts were together.
This manufacturing process also revolutionized manufacturing outside the automobile industry. This was later called FORDISM, that allowed manufacturers to expand their operation, hire more people to work, raise salaries and lower the price of goods. In the end, this fuelled the US economy, improved productivity, raised standards of living with higher-paying jobs.
