HISTORY
THE INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Factories began to only make guns
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Britain payed the American government $5 million in exchange for the secret behind America’s factories
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Factories were able to produce goods at a faster rate, resulting in a decrease in the price of goods
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The price it cost to make a good increased
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Detailed explanation-1: -Because interchangeable parts are faster to assemble. Before, final assembly required filing parts to fit if they didn’t line up just right. Interchangeable parts eliminated the need for this, speeding up the production line. Ultimately, this resulted in lower prices for finished goods.
Detailed explanation-2: -Interchangeable parts are components of manufactured goods that are standardized and are easily replaced with new parts. The concept of interchangeable parts allows for manufactured goods to be mass-produced rather than individually crafted.
Detailed explanation-3: -By reducing labor costs, such machines not only reduced manufacturing costs but lowered prices manufacturers charged consumers. In short, machine production created a growing abundance of products at cheaper prices.
Detailed explanation-4: -It improved efficiency in factories because components could replace a different part. This led to more efficient production of a wide range of manufactured goods. It took time because they had to get the part to be able to fit into both items.