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10 June, 17:58

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

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  1. 10 June, 20:57
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    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.
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