History, asked by fanio4623, 1 year ago

What was mass production and mass consumption theory?

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Answered by ctmganesan
0

Mass Consumption. "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.

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