Which of the following was a consequence of Henry Ford's unprecedented move of increasing his workers' pay?
A) The workers left Ford's company in search of better standards of living.
B) The price of the automobiles increased dramatically.
C) The demand for Ford's automobiles increased.
D) Ford's company suffered a huge loss due to the increased expenses.

Question

Quizplus · Accepted Answer

Henry Ford's unprecedented move of increasing his workers' pay to $5 a day had a positive impact on his company. It caused a significant increase in demand for Ford's automobiles as workers were now able to afford the Model T, which helped to boost production and sales.

Which of the Following Was a Consequence of Henry Ford's