The Assembly Line That Built a Nation

Henry Ford didn't invent the automobile, but he fundamentally changed who could own one. When Ford introduced the moving assembly line at his Highland Park plant in Michigan in 1913, the time required to build a Model T dropped from 12 hours to 93 minutes. The efficiency gains allowed Ford to cut the price of the Model T from $850 in 1908 to $260 by 1925, and to raise workers' wages to $5 a day, double the industry standard. Within 15 years, half of all cars on earth were Model T Fords.

Source: HISTORY