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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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Ford,_Henry
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1992-09-03
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1863-1947. US automobile manufacturer, who
built his first automobile 1896 and founded
the Ford Motor Company 1903. His Model T
(1908-27) was the first automobile to be
constructed solely by assembly-line methods
and to be mass marketed; 15 million of these
automobiles were made and sold.
Born in Dearborn, Michigan, Ford was
apprenticed to a Detroit machinist 1878
before he started his own company. His
innovative policies, such as a $5 daily
minimum wage and a five-day work week,
revolutionized employment practices. In 1928
he introduced the Model A, a stepped-up
version of the Model T. Ford was politically
active and a pacifist; he opposed US
intervention in both world wars and promoted
his own anti-Semitic views. In 1936 he
founded, with his son Edsel Ford (1893-1943),
the philanthropic Ford Foundation; he retired
in 1945 from the Ford Motor Co, then valued
at over $1 billion.