The automobile industry involves a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest economic sectors by revenue.
Think of the automobile industry as a huge orchestra. Each instrument (company) plays its own part (designing, developing, manufacturing), but when they all come together under a conductor (market demand), they create something beautiful - a functioning car.
Mass Production: The manufacture of large quantities of standardized products often using assembly lines or automation technology.
Henry Ford: An American industrialist and business magnate who founded Ford Motor Company. He revolutionized factory production with his assembly-line methods.
Model T: An automobile produced by Ford Motor Company from 1908 to 1927. It was affordable for many middle-class Americans due to efficient mass production methods.
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