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<a href="http://www.accessmylibrary.com/coms2/summary_0286-23415740_ITM" title="Facts and information about Enterprise of Henry Ford: the auto magnate demonstrated the power of free enterprise as a force for good. He not only made himself rich but put America on wheels and raised the lot of workers. (History--American Ingenuity).">Enterprise of Henry Ford: the auto magnate demonstrated the power of free enterprise as a force for good. He not only made himself rich but put America on wheels and raised the lot of workers. (History--American Ingenuity).</a>
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Enterprise of Henry Ford: the auto magnate demonstrated the power of free enterprise as a force for good. He not only made himself rich but put America on wheels and raised the lot of workers. (History--American Ingenuity).
This June, the Ford Motor Company commemorates the 100th anniversary of its founding.--Editor
In 1903 there was little indication that the first sales of a buggy-like Ford two-seater would lead to anything significant. The capital raised by founder Henry Ford, then age 40, amounted to a modest $28,000 in cash. But in 23 years that had been turned into more than $900 million in profits. An early stockholder, the sister of one of Ford's business geniuses, invested $100 for one share of the new venture. "That one hundred dollars was eventually to bring her $355,000," biographer William Adams Simonds noted in his book Henry Ford.
While 1,500 American auto ...
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Source: HighBeam Research, Enterprise of Henry Ford: the auto magnate demonstrated the power of...