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The effects of the model t were life changing ones. a great amount of green house gases from cars such as the model t are still cutting us deep today. street races were at an all time high during the time of the production of the model t. and people became lazier too.
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoHenry Ford had an assembly line, so there were workers to work and they were paid more than they should have been. This allowed them to buy a car. Because they bought a car, Henry Ford got more money to make more cars, and he could lower the prices. Because he lowered the prices, more average, or poorer, people could buy the car.
Wiki User
∙ 10y agothe model t sucked good big ones
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The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
What is the continental European model of political economy?
What is the continental European model of political economy?
How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
How does bushfires effect economy?
the economy looses millions of dollars paying for repairs
Few macroeconomics questions. What effect will an increase in the marginal propensity to save have on the ZZ line and output When the economy is in eqbm does G equal T?
the ZZ line will become steeper and a given change in autonomous consumption to have a larger effect on output
Why did mobel t have such a dramatic impact on the economy?
The Model T was the first car that ordinary people could afford.
How did the model T gave the economy a boost?
The Model T, made by Henry Ford, provided many jobs to people who needed it. Fordism states that if he pays his employees more, the economy would do better. It boosted the economy by providing jobs and selling many of his cars, which were priced accordingly.
Why did the model T have such a dramatic impact on the economy?
It was the first car that ordinary people could afford
How the Model T boost economy?
Ford's assembly line provided jobs. More importantly, the Model T was the first easily affordable automobile on the market. By provided low-cost transportation, the Model T was able to boost the economy because people could commute further daily to work, and companies were able to ship products longer distances in quicker times at lower costs.
Why was model t important?
This was a time of growth in the American economy. The success of Model T showed how much the car industry was progressing. The car industry making immense successes was one of the factors leading to an economic boom.
What was the driving force of the US economy in the year 1903?
After just completing an ENGG paper on the Impact of the Automobile, I would say that the driving force of the US economy in 1903 was the beginning of The Ford Motor Company. Ford started in 1903 and the Model T was produced in 1908. The Model T sold 15,000,000 vehicles.
The circular flow model of a mixed economy shows .?
what does a circular model of a mixed economy show
What is the continental European model of political economy?
What is the continental European model of political economy?
What effect does Technical College in Georgia has on the economy?
I wanted to know what effect does Technical Colleges have on the economy
What does the t in model t mean?
The t in model t stands for testing
How does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
Does the circular flow model of a mixed economy compare with that of a market economy?
Government is added into the circular flow model of a mixed economy.
