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What does efficiency of mass production mean in economic terminology?
Wiki User
∙ 13y ago
what dose mass production mean
Wiki User
∙ 13y ago
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What could be considered an important aspect of the American economic system?
mass production
How does technology enhance business efficiency?
technology is so enhanced that it may very well create mass production of a good or service.
What was an immediate economic result of the use of mass production techniques in American factories?
improved safety of goods
How did mass production make economic boom?
It allowed large numbers of goods to be produced quickly and inexpensively
How did the changes in consumer behavior make possible the growth of the American economy in the 1920?
Mass production,easy credit, mass advertisement and economic prosperity led to the new consumer society
War Industries Board?
Encouraged companies to use mass production techniques to increase efficiency
How did consumers benefit from mass production?
The increased efficiency reduced the price.
Many industries of the 1920s improved the efficiency of production by adopting what?
Mass production methods that lowered their cost.
Why was the spinning jenny needed?
Mass production and economic growth.
What could be considered an important aspect of the American economic system?
mass production
Why did Henry ford create an assembly line in his factory?
It allowed for mass production and more efficiency and due to the mass production, the prices of the cars dropped, allowing for a majority of American families to own one.
How does technology enhance business efficiency?
technology is so enhanced that it may very well create mass production of a good or service.
What was an immediate economic result of the use of mass production techniques in American factories?
improved safety of goods
How did mass production make economic boom?
It allowed large numbers of goods to be produced quickly and inexpensively
How does efficiency depend on mass and why is it like that?
There's no direct connection between efficiency and mass.
How do you find efficiency?
Structural Efficiency= Maximum Mass Supported _______________________ (Divided By) Mass of Structure
What is structural Efficiency?
Structural Efficiency= Maximum Mass Supported _______________________ (Divided By) Mass of Structure
