<ul><li>Ransom E. Olds, the founder of Oldsmobile, is credited with inventing the modern assembly line, where workers would fix specific parts to cars in a stationary line.</li><li>Olds' assembly line method was more cost-effective and flexible compared to the previous piecemeal vehicle building technique, enabling mass production of complex machines like cars without the need for skilled craftsmen.</li><li>By assigning each worker a simple task, factories could employ cheaper labor, including unskilled workers like farmers or immigrants, leading to lower production costs and more affordable products.</li><li>Henry Ford introduced the moving assembly line innovation, utilizing a conveyor belt to move cars through the factory while workers added parts, revolutionizing the manufacturing process.</li></ul>

Henry Ford and Elon Musk

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