Question

explain rise of mass production and consumption? ( please give text book answer) i will mark u as Brainlist.​

Answer 1

Answer:

Explanation:

Rise of Mass production and consumption : The US economy resumed its strong growth in the early 1920s. One important feature of the US economy of the 1920s was mass production.

Mass production was popularized in the late 1910s and 1920s by Henry Ford's Ford Motor Company, which introduced electric motors to the then-well-known technique of chain or sequential production. ... Production of the Ford Model T used 32,000 machine tools.He realised that the 'assembly line' method would allow a faster and cheap.

As a result, he put into practice techniques of mass production that would revolutionize American industry, including the use of large production plants; standardized, interchangeable parts; and the moving assembly line.

Answer 2

Explanation:

• One of the distinctive features of US economy in 1920 was mass production and consumption of goods and services.

• Henry Ford was considered to be pioneer in the mass production who introduced assembly line method so to increase the rate of production of cars and helped in reducing the overall cost of production.

• The Assembly line methods increased the output per worker which required them to work mechanically and continuously and increased their pace of working. He doubled their wages.

• As a result,Car production in the US rose from 2 million in 1919 to more than 5 million in 1929. Ford's industrial practises was emulated in parts of Europe.

• Mass production of goods reduced the prices of the goods .

• Ford's methods to double the daily wage of the workers so as to make them work for longer period of time and harder, helped in increasing the output per work.

• Higher wages for workers increased their purchasing power and created a boom in economy

• It increased the demand for consumer goods refrigerators, washing machines, radios and in turn more production to meet the growing demand.

• ★i hope this may help you...but whileover these words are not mine. So, don't need to be brainleist. miss..!