FOREIGN TRADE OPERATIONS (2721838)

“BRIEF CHRONICLE OF THE LIFE OF HENRY FORD”

Presented By:

Diego Alejandro Naranjo Patiño

Instructor

LINA ALEJANDRA CUBILLOS IBAÑEZ

2023
 BRIEF CHRONICLE OF THE LIFE OF HENRY FORD

Henry Ford was born on july 30 the 1863 in Dearborn, which is a city located in Wayne county in
the state of michigan; and died april 7 the 1947. He was an businessman an entrepreneur, fouder
of the FORD motor Company an fhater of modern production in mass.

Ford began his career as a Racing driver and maintained his interest in Racing from 1909 to 1913,
Ford took the races, finishing first (although he was later disqualified) in a race across the USA in
1909, and setting the one-mile speed record in Detroit in 1911 in 1913, Ford tried to enter a new
model T in the indianapolis 500, but was told that regulations required that about 1,000 pounds of
weight be added to the car to participate in the race. Ford withdrew from the race and soon left
Racing permanetly citing dissatisfation with the rules of the sport and the demands of the time.

The introduction of the Ford T in the automobile market revolutionized transportation and
industry in the United States. He was a prolific inventor who obtained 161 registered patents in
 that country. As the sole owner of the Ford Company, he became one of the best known and
richest people in the world.

He is credited with fordism, a system that spread between the late 1930s and early 1970s and
which he created by manufacturing large numbers of low-cost automobiles through mass
production.

His global visión, whit consumeris as the key to peace, in the key to his success. His intense
commitment to cost redution led to a host of businnes and technical inventions, including a
franchise system that established a dealeship in every city in the United States an Canada and in
major cites on five continents.

Ford left much of his vast fortune to the Ford foundation, but he also ensured that his family
controlled the Company permanently.

His health failing, Ford turnet over the presidency of the Company to his grandson, Henry Ford ll,
in september 1945 and retired. He die on April 7, 1947, of a brain hemorrhage on Fair Lane on his
property in Dearborn, at the age of 83. A public viewing was held in greenfield village, where up to
5,000 people per hour passed the casket. Funeral services were held at the Detroit Church of St.
Paul and he was buried in Ford cementery in Detroit.