– Henry Ford. (July 30, 1863 – April 7, 1947) Founder of the Ford Motor Company, credited with development of the assembly line technique of mass production. Although Ford did not invent the automobile, he developed and manufactured the first automobile that many middle class Americans could afford to buy.
He is credited with “Fordism”: mass production of inexpensive goods coupled with high wages for workers. His intense commitment to systematically lowering costs resulted in many technical and business innovations.