THE ROARING 20S 1920 1929
AMERICAN ORGANIZED CRIME OF THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They are not important.
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Allowed for faster cars.
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Allowed for more cars.
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Made the cars more affordable to all Americans.
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Detailed explanation-1: -An important outcome of the moving assembly line was the drop in price for the Model T. In 1908, the car sold for $825 and by 1925 it only sold for only $260, making the car more affordable to individuals everywhere.
Detailed explanation-2: -Changing consumer preferences, a need to help curb emissions, and the infiltration of new technology both within and throughout an automobile mean automakers must learn to react to industry changes in real-time, all while innovating their business models and working seamlessly with partners within their ecosystem.
Detailed explanation-3: -The auto industry’s importance to the US economy is undisputed. From providing employment to millions of people to being a major driver of the economy’s manufacturing sector, car ownership has not only shaped the economy, but has long been a centerpiece of the American way of life.
Detailed explanation-4: -Ford’s innovation lay in his use of mass production to manufacture automobiles. He revolutionized industrial work by perfecting the assembly line, which enabled him to lower the Model T’s price from $850 in 1908 to $300 in 1924, making car ownership a real possibility for a large share of the population.