Henry Ford, a renowned industrialist in America, was the founder of the Ford Motor Company. He also sponsored the development of the assembly line technique of mass production. Ford's launching of the Model T refashioned transportation and American automobile industry simultaneously. As a proud owner of the Ford Motor Company, he grabbed the status of one of the wealthiest and most famous person in the entire world. He was highly deemed for his concept 'Fordism' - which involved huge production of cheap goods paired with higher pay to workers. Ford had a universal perception with consumerism as the root to peace. His earnest commitment to orderly decreasing costs came out in numerous innovations related to technical and business. These discoveries also included a franchise system under which a dealership was established in each city of North America and also on the main cities in six continents. In 1920s, Ford was recognized globally for a "Fordism System" that was looked to guarantee modernity, high salaries and inexpensive consumer goods but Ford's "Anti-Semitism" led to controversy in the same time period.