Top 10 Great Moments In The History Of American Liberty

#6. The First Model T-Ford, 1908

The assembly line and mass production resulted in the first affordable and effective means of personal transportation affordable for everyone. The Model T-Ford was a huge step forward and a result of capitalism and the age of industry. The modern factory also proved how workers with skills managed to get higher wages as a result of competition between different manufacturers. Just imagine a world where you had to walk or use tedious transportation such as horses with carriages to go to and from work. The possibilities then were quite small compared to the amount of possible employers you could reach with the help of a car. Not to forget the impact of the market of items and services for private households. Where you now could easily travel long distances and therefore reap the fruits of more competition.

Leave a Comment