Final answer:
Henry Ford revolutionized car manufacturing with the assembly line, making cars affordable, while Alfred Sloan focused on marketing, emphasizing car luxury and status.
Step-by-step explanation:
The passage outlines the significant contributions of Henry Ford and Alfred Sloan to the transformation of American industry in the early 20th century, primarily in the automotive sector. Henry Ford revolutionized American manufacturing with his introduction of the automated assembly line, which significantly reduced the cost of cars and made them affordable to the average American. He also introduced fair wages and workday improvements for his workers. In contrast, Alfred Sloan, president of General Motors, focused on the power of advertising and branding, emphasizing the status and luxury of automobiles as a means to grow his business.
The main idea of the passage is that Henry Ford and Alfred Sloan represent the significant changes that occurred in American industry during the 1910s and 1920s. Henry Ford revolutionized the manufacturing industry with his introduction of the automated assembly line, which allowed for mass production and reduced costs, making cars affordable for the average family. Alfred Sloan, on the other hand, focused on advertising and marketing strategies to create luxury and prestige around General Motors' cars. Both Ford and Sloan played crucial roles in shaping the American automotive industry during this period.