ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Mass production also results in lower costs because the automated assembly line production process requires fewer workers. In addition, mass production can create higher levels of efficiency because mass-produced items can be assembled at a quicker rate through automation.

Detailed explanation-2: -Anything consumers needed or desired could be made in larger quantities. Mass production resulted in lower prices of consumer goods. Eventually, economies of scale resulted in the most affordable price of any product for the consumer without the manufacturer having to sacrifice profits.

Detailed explanation-3: -Mass production benefited from the development of materials such as inexpensive steel, high strength steel and plastics. Machining of metals was greatly enhanced with high-speed steel and later very hard materials such as tungsten carbide for cutting edges.

Detailed explanation-4: -A major problem of mass production based on continuous or assembly line processes is that the resulting system is inherently inflexible.

Detailed explanation-5: -Mass production in factories made it possible to manufacture goods more cheaply and quickly. Huge markets for these goods were opening up in the new cities, and in the lands that the European nations were conquering and settling overseas.