HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Our economy failed
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We became a command economy
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It made industries grow, gave people jobs, and allowed people to buy consumer goods
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It slowed down the way we made things
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Detailed explanation-1: -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-2: -Mass production is the manufacture of large quantities of standardized products, frequently utilizing assembly line technology. Mass production refers to the process of creating large numbers of similar products efficiently. Henry Ford is pioneer of mass production techniques.
Detailed explanation-3: -Mass production lowered the costs of much-needed tools, clothes, and other household items for the common (that is, nonaristocratic) people, which allowed them to save money for other things and build personal wealth.
Detailed explanation-4: -Summary. Mass production is the industrial technique to produce large quantities of similar products in constant flows on production lines. The strategy focuses on low-cost production by using standardized and repetitive processes to manufacture the same line of products.