Posts Tagged ‘moving assembly line’

  • Ford Model T vehicle on display at a park.

    Innovation: Happy Birthday Moving Assembly Line!

    Oct 8, 13 • 297 Views • Demand, Supply, and Markets, Economic Growth, Economic History, Households, Innovation, Labor, Macroeconomic Measurement, TechNo Comments

    Yesterday, the moving assembly line celebrated its 100th birthday. Before October 7, 1913, in one place, a car was built by teams of workers. The chassis took 12 hours to finish while magneto production required 15 minutes and 29 workers. (A magneto helped...