Henry Ford and the Model T



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Henry Ford and the Model T

Go To: http://www.econedlink.org/lessons/index.php?lid=668&type=student and respond to the questions below.


Part 1

1) The Model T came in a rainbow of colors.


      a) True   b) False

2) Who is given credit as being the first to use interchangeable parts in the United States?


      a) Henry Ford       b) Ranson Olds       c) Eli Whitney

3) Who is given credit as being the first to use an assembly line in the United States?


      a) Henry Ford       b) Ranson Olds       c) Eli Whitney

4) Henry Ford revolutionized the automobile by using this cheap, light and strong material.


      a) Galvanized steel      b) Aluminum        c) Iron       d) Vanadium Steel

5) Which of the following reduced the cost of producing the Model T?


      a) Interchangeable Parts  b) Moving Assembly Line
      c) Limited the vehicle's options d) All of the above

6) Henry Ford wanted to make a car for the _______.


      a) wealthy  b) great multitude
      c) blue collar workers  d) poor

Part 2

1. The standardization of parts
2. Expanding operation of the Highland Park Plant to 3 shifts a day
3. Offering the Model T in only one color

4. Instituting the $5 day


5. Establishing rules on worker gambling
6. Building a factory with windows that provided lots of natural lighting
7. Designing a machine that makes a part faster than workers could make it by hand
8. Buying a rubber plantation
9. Buying ships
10. Operating an iron foundry next to the factory

Part 3

1) Factory explosion shuts down auto maker. What will happen to the auto market?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

2) Steel prices continue to rise. What will happen to the auto market?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

3) Sports utility vehicles offer higher profit margin. What will happen to the market for regular cars?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

4) Robotic technology increases efficiency in auto plants. What will happen to the auto market?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

5) Gas prices on the rise. What do you predict will happen to the market for autos that use a lot of gas per mile?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

6) Car dealers offer price rebates to sell excess inventory. What will happen to the auto market?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

7) Chinese workers optimistic about future incomes. What will happen to the auto market in China?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change

8) Americans love new pickup trucks. What will happen to the market for trucks?





      a) Increase in demand
      b) Decrease in demand
      c) Increase in supply
      d) Decrease in supply
      e) No change




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