USA HISTORY

Detailed explanation-1: -The advances meant goods were produced in huge numbers and therefore more cheaply. For example, the price of cars dropped from $940 in 1920 to $290 in 1929. Henry Ford pioneered mass production techniques in the car industry. His aim was to produce affordable cars for the public by using new technology.

Detailed explanation-2: -The Effects of Mass Production While mass production and assembly lines allowed for a boom of economic growth, it also brought a substantial increase in collective and individual prosperity throughout the 1920s. This, however, was brought to a halt at the end of the decade by the Great Depression.

Detailed explanation-3: -During the 1920s people who lived in the industrial cities and towns benefited from the effects of ‘Mass Production’. The use of assembly lines meant that the cost of many goods kept on falling which meant that more people could afford to buy them.

Detailed explanation-4: -Once mass production was developed and perfected, consumer goods could be made for the broadest possible market. Anything consumers needed or desired could be made in larger quantities. Mass production resulted in lower prices of consumer goods.