π³ Henry Ford's jungle town flop in Brazil
Henry Ford tried to build an American-style town in the Amazon rainforest starting in 1927. He established this venture in Brazil, near the TapajΓ³s River, intending to secure rubber supply for his business. Over seventeen years, the effort faced issues like worker unrest and crop failure until 1945. Eventually, Ford sold both plantations to the Brazilian government for about $250,000. This massive project ultimately failed due to disease issues and changing global rubber markets. π₯