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The first and the ten millionth Ford
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Automobile Manufacturer Henry Ford Was Born
July 30, 1863
I will build a car for the great multitude," Ford proclaimed. At first the automobile had been a luxury item only for the wealthy. Henry Ford wanted to create a car that ordinary people could afford, and in October 1908, he did it. The Model T sold for $850. In nineteen years of manufacture, Ford lowered the price to $260 and sold 15 million cars in the U.S. alone.
How did he make the Model T so inexpensive?
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