What is the meaning of mass production and consumption?
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Mass Production was a term invented by Henry Ford, the auto maker, in 1926. Before that, his system of assembly-line manufacturing was called "Fordism". The genius of the 19th Century Industrial economy was its ability to boost production, to maximise output. if it helps you.
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Answer: Mass production is a method of production that uses a standardized process of creating interchangeable parts in large quantities for a low price. And mass consumption is the use or purchased of goods or services by a large number of people.
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