Ask Question
21 January, 12:32

How did Ford's system of mass production affect the economy?

+3
Answers (1)
  1. 21 January, 12:53
    0
    He started the assembly lines in 1908, which made making cars faster and easier. Since it was easier to make, the prices went down. Once the prices were down, more people could afford cars on credit. Credit is paying for something overtime. More and more people bought things on credit, but people weren't paying. Most people were in debt and lost their jobs, which led to The Great Depression.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How did Ford's system of mass production affect the economy? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers