What major contribution did Henry Ford and Ransom Olds make to the Second Industrial Revolution?

(1 point)
Responses

They invented a new form of transportation.

They invented a new form of transportation.

They introduced a faster and cheaper method of production.

They introduced a faster and cheaper method of production.

They developed an efficient new source of energy.

They developed an efficient new source of energy.

They created a profitable way to organize business.

1 answer

Henry Ford and Ransom Olds made a significant contribution to the Second Industrial Revolution by introducing a faster and cheaper method of production. Ford is especially known for his development of the assembly line, which revolutionized manufacturing processes and greatly increased efficiency in producing automobiles. Olds also played a role in this by producing one of the first mass-produced cars, the Oldsmobile.