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Mass production, also known as flow production, series production, series manufacture, or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines.
The mass production of this automobile lowered its unit price, making it affordable for the average consumer. Furthermore, Ford substantially increased his workers' wages [ 9 ] to combat rampant absenteeism and employee turnover, which approached 400% annually, which had the byproduct of giving them the means to become customers.
Rather than being viewed as a mass market to be served by mass production, the consumers began to be viewed as different groups pursuing different goals who could be better served with small batches of specialized goods. [10] Mass markets became less important while markets for luxury, custom, or positional goods became more significant. [11]
Large scale of production of bicycles in the 1880s used the interchangeable system. [2] The idea would also help lead to the American "Golden Age" of manufacturing when Ransom E. Olds mass-produced the Curved Dash automobile starting in 1901. Henry Ford did not start mass producing cars until 1913. Mastering true interchangeability on the ...
Productivity-improving technologies date back to antiquity, with rather slow progress until the late Middle Ages. Important examples of early to medieval European technology include the water wheel, the horse collar, the spinning wheel, the three-field system (after 1500 the four-field system—see crop rotation) and the blast furnace.
Learn about the TODAY Plaza, Studio 1A and Rockefeller Center with these trivia questions and answers on your favorite co-hosts, concerts, Halloween and more.
Steel is often cited as the first of several new areas for industrial mass-production, which are said to characterise a "Second Industrial Revolution", beginning around 1850, although a method for mass manufacture of steel was not invented until the 1860s, when Sir Henry Bessemer invented a new furnace which could convert molten pig iron into ...
Finally, while the debate about immigration today is focused on undocumented immigrants, politicians on both sides should recognize that U.S. immigration laws have not been substantially updated ...