WORLD HISTORY

Detailed explanation-1: -Anything consumers needed or desired could be made in larger quantities. 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: -What Is Mass Production? Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automation technology. Mass production facilitates the efficient production of a large number of similar products.

Detailed explanation-3: -The traditional example of mass production is the automobile industry, which has continued to refine the basic principles originally laid down by Henry Ford and other pioneers of mass production techniques.

Detailed explanation-4: -Inventory buildup: Mass production creates large quantities at once. As a result, products may build up before they can be sold. Excess inventory requires a large amount of warehouse space which costs money and energy to maintain.