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Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 2) Lesson PlanEcon Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 2) Lesson Plan
Publisher
Council for Economic Education
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Lesson Plan

Econ Ed Link: Henry Ford and the Model T: A Case Study in Productivity (Part 2)

Curated by ACT

Henry Ford's use of mass production strategies to manufacture the Model T revolutionized industrial manufacturing. This 3-part learning unit provides students with the story of Henry Ford and the Model T from an economics perspective. Students will learn how specialization and investments in capital increased productivity and allowed Ford to slash prices. A wealth of extension activities is provided if addtional time is available.

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Concepts

factors of production, henry ford, human capital, human resources, innovation, labor, productivity, resources

Additional Tags

council for economic education, e.s.13, econedlink, econedlink: henry ford and the model t: a case study in productivity (part 2), entrepreneur, incentive, production, productive resources
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Resource Details

Grade
9th - 10th
Subjects
Career & Technical Education
1 more...
Resource Type
Lesson Plans
Audiences
For Administrator Use
1 more...
Lexile Measures
0L

View 8,026 other resources for 9th - 10th Grade Career & Technical Education

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