He discovered oil and he developed low cost distribution for energy all across the country, produced enormous value, transforming this nation, transforming the lives of millions of people. One of the other early billionaires, Henry Ford invented the Model T and perfected the assembly line of production. What did that do? It literally brought about the American middle class. We went from a society where you had horses and carriages and even horses and carriages were limited … (10:39–10:50)
CLAIM
Asserts that Henry Ford's innovations brought about the American middle class.
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