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In Henry and Edsel The Creation of the Ford Empire Richard Bak shows the struggles Henry Ford and his son Edsel went through Just like many other historians Bak goes into Fords early life where he came from and once he founded his company in 1899 and how he treated his workers Bak demonstrates that Ford was wealthy even before the success of the Model T Bak looks into how money was not Fords main motivation and how it changed the wages of his workers Baks argument that Ford helped get men on their feet and Ford was a man with high morals and virtues and was willing to give people a chance as long as they did the work The Five-Dollar Day policy was Fords incentives for his employees to work harder and earn the wage increase Bak looks into the Five-Dollar Day which outlines how much the wages increased for the workers in Fords factory The Five-Dollar Day was Ford increasing workers wages almost double of what they used to make According to Bak Ford only wanted to raise the wages by three or three and a half dollars Bak shows even when Ford had to raise the wages for the workers he tried to increase the wages as little as possible According to Bak Ford thought the raise of the workers wages would be a great advertisement for the automobile industry Bak claims that even though Ford was one of the first owners to increase wages and many other businesses followed his example Ford also put limitations to the wage increase calling it profit sharing Ford called this wage increase as profit sharing which means the wage increase would be based on how well the company did The more money the company brought in the workers wages would increase According to Bak many businessmen did not agree with Fords generosity Other business owners thought
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