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The standard 4-seat open tourer of 1909 cost $850 (equivalent to $20,513 today), when competing cars often cost $2,000-$3,000 (equivalent to $48,267-$72,400 today); in 1913, the price dropped to $550 (equivalent to $12,067 today), and $440 in 1915 (equivalent to $9,431 today). Sales were 69,762 in 1911; 170,211 in 1912; 202,667 in 1913; 308,162 in 1914; and 501,462 in 1915. In 1914, an assembly line worker could buy a Model T with four months' pay.
By the 1920s, the price had fallen to $290
…. (equivalent to $3,258 today) because of increasing efficiencies of assembly line technique and volume. Henry employed vertical integration of the industries needed to create his cars.
Originally posted by ArcAngel
For more info, read George Friedman "thenext 100 years" a great read.
Originally posted by muzzleflash
I predict in 100 years there won't even be money.
It will be credits.
And they will be good not only on Earth, but on dozens of planets/moons and space stations as well.