Henry Ford: Engineer and Entrepreneur

Abstract

Since its emergence, the automobile has captured the attention of the entire world and, consequently, led to the birth of a very dynamic industry, the automotive industry. In the beginning, the price was not affordable for many people and, therefore, the automobile was the appanage of the upper class. The cost of the cars significantly decreased over time and mass selling grew rapidly due to mass production. The Fordist production system stimulated consumption and eventually created a mass market for cars both in America and in the whole world. The paper aims to to define the concepts of engineer and entrepreneur, to identify their common features and to illustrate them in the case of an iconic personality of America. The authors achieved the objectives of the paper through a quantitative research method and a case study. The results of the paper provide a better understanding of the two concepts by highlighting their common characteristics. Also, they punctuate these common features in the case of Henry Ford.