Mass production is a direct result of demand, be from consumerism or during war, supplies. Mass production exceeding demand levels however is bad for producers, it causes them to be devalued if the demand does not meet supply of the good.
The consequence of mass **production **was because of the price was **lowered **which will eventually lead to a fall in the economy .
What is production?
The process of mixing several inputs , including material and spiritual, to produce a product is known as production . In a perfect world, this output would be a product or service that is useful to people and has worth.
Lower prices for consumer **products **were a byproduct of mass production. Eventually, cost savings led to the lowest possible product cost for consumers without requiring the firm to forgo earnings .
A good example of this is the **relationship **between the way the products and the prices are correlated . These changes will be with respect to the changes that will be affecting the gross domestic product .
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Mass production led to lower consumer prices, economic growth, and standardization of products, while also changing labor dynamics and impacting the environment. It contributed to significant shifts in global trade and disparities between nations. These consequences shaped modern industrial societies significantly.
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