WORLD HISTORY

Detailed explanation-1: -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.

Detailed explanation-2: -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. A good case in point would be the automobile and its predecessor, the horse-drawn carriage.

Detailed explanation-3: -Mass production lowered costs and prices of engineered goods. Thanks to higher wages, more workers could now afford to purchase durable consumer goods such as cars. Car production in the US rose from 2 million in 1919 to more than 5 million in 1929.

Detailed explanation-4: -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-5: -The assembly line has revolutionized manufacturing, industry, and society by significantly increasing productivity, reducing costs, and making consumer goods more accessible to a larger population.

Detailed explanation-6: -The goal of mass production is to produce goods at a lower cost, making them more affordable and accessible to consumers. This is achieved by dividing the production process into smaller, specialized tasks that can be performed by unskilled or semi-skilled workers using specialized machinery.