What American inventor and industrialist, father of the modern assembly line, held 161 patents in his own name and started a moderately successful car company along the way?
Automotive industry in the United States Motors each played a role in their target market and what social status each consumer belonged to. Henry Ford began building cars in 1896 and started his own company in 1903. The Ford Motor Company improved mass-production with the first conveyor belt-based assembly line in 1913, producing the Model T (which had been introduced in 1908). These assembly lines significantly reduced costs. The first models were priced at $850, but by 1924 had dropped to $290. The Model T sold extremely well and Ford became the largest automobile company in the U.S. By the time it was retired in 1927,
New England Telephone and Telegraph Company of an agent of Gardiner Greene Hubbard, the father-in-law of telephone inventor Alexander Graham Bell. New England Telephone and Telegraph merged with the Bell Telephone Company (which was started on the basis of holding "potentially valuable patents"), on February 17, 1879, to form the National Bell Telephone Company, at which time Theodore Vail took over its operations. The National Bell Telephone Company merged with others on March 20, 1880 to form the American Bell Telephone Company. The American Bell Telephone Company was later purchased by its own subsidiary, American Telephone & Telegraph (AT&T) on December 30, 1899. Thus share ownership