Henry Ford Is Known for Refining the Assembly Line and the Model

question 49

Multiple Choice

Henry Ford is known for refining the assembly line and the Model T. He also adopted an attitude that came to be known as Fordism. What was a central tenet in his system?

• A) Workers should earn higher wages and work shorter hours, creating a new pool of consumers with the income and leisure to purchase a car.
• B) Workers should earn lower wages and work shorter hours, since they were easily replaced on the assembly line.
• C) Workers should be drawn from a pool of immigrant labor, which was cheaper and willing to tolerate the grueling work of an assembly line.
• D) Workers could easily tolerate working on an assembly line, so they should be paid lower wages and work longer hours.

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Definitions:

Production Volume

The total quantity of goods or services produced by a company within a specific time period.

Volume-Related Measures

Metrics or indicators used to assess or track the quantity of production, sales, or services.

Allocation Basis

A criterion or method used to allocate or distribute costs among different departments, products, or activities based on certain factors or proportions.

Overhead Costs

Overhead costs are the indirect expenses associated with running a business that are not directly tied to a specific product or service, including utilities, rent, and management salaries.