INDUSTRIAL REVOLUTION
PRE INDUSTRIAL EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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division of labor
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large quantities of cheap goods
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intercahable parts
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cottage industry
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Detailed explanation-1: -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-2: -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-3: -Assembly lines used in the automobile industry is a very good example of mass production. Assembly line holds an integral place in bulk manufacturing whereby there is a division of labor, specialization, and large-scale machine-enabled production of identical goods or components.
Detailed explanation-4: -Mass Production Disadvantages Starting a mass production business requires huge start-up costs such as that for the factory, land, and machinery. These costs alone will require millions just to get going.