THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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helped goods to be produced faster and cheaper
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helped goods to be produced slower and more profitably
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helped goods to be produced only in America
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helped goods to be produced in a safe manner
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Detailed explanation-1: -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-2: -The assembly line sped up the manufacturing process dramatically. It allowed factories to churn out products at a remarkable rate, and also managed to reduce labor hours necessary to complete a product-benefiting many workers who used to spend 10 to 12 hours a day in the factory trying to meet quotas.
Detailed explanation-3: -An assembly line is a production process that breaks the manufacture of a good into steps that are completed in a pre-defined sequence. Assembly lines are the most commonly used method in the mass production of products. They reduce labor costs because unskilled workers are trained to perform specific tasks.
Detailed explanation-4: -By mechanically moving the parts to the assembly work and moving the semi-finished assembly from work station to work station, a finished product can be assembled faster and with less labor than by having workers carry parts to a stationary piece for assembly.