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The history of the ford plant and the $5 a day wage was a seminal moment in the growth of the Industrial Age and the middle class, in general, worldwide (or at
by robbiep 8y ago
The history of the ford plant and the $5 a day wage was a seminal moment in the growth of the Industrial Age and the middle class, in general, worldwide (or at least in the western world). There are hundreds of sources, you should be able to find some good ones without too much trouble
- iguy 8y agoHere's a good commentary: http://archive.is/QX6kB http://archive.is/QX6kB == https://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/ https://www.forbes.com/sites/timworstall/2012/03/04/the-stor... Ford was paying above-par wages to have a more-stable workforce, because his production line was more sensitive to bad/absent workers than the typical factory of his time. It also came with a fair dose of patronage, like inspections of workers houses to make sure they weren't drinking, and were teaching their kids english.