ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Henry Ford wanted the Model T to be affordable, simple to operate, and durable. The vehicle was one of the first mass production vehicles, allowing Ford to achieve his aim of manufacturing the universal car.

Detailed explanation-2: -Henry Ford, founder of Ford Motor Company, was born in Springwells Township, Wayne County, Michigan, on July 30, 1863, to Mary (Litogot) and William Ford. He was the eldest of six children in a family of four boys and two girls.

Detailed explanation-3: -Released on October 1, 1908, the Ford Model T was a self-starting vehicle with a left-sided steering wheel, featuring an enclosed four-cylinder engine with a detachable cylinder head and a one-piece cylinder block. Fashioned from vanadium alloy steel, it offered superior strength despite its light weight.

Detailed explanation-4: -Henry Ford introduced his “everyman’s car, ” the Model T, on Oct. 1, 1908. It was built at Ford’s Piquette Avenue plant and assembled by hand, resulting in small production numbers-only 11 cars were made during the first month.