The production era is recognized for:
A) increasingly specialized jobs, resulting in higher productivity and lower costs and prices.
B) power shifting away from businesses and toward consumers.
C) the use of monopoly power by big businesses to increase productivity and raise prices almost at will.
D) creating satisfied customers who act as advocates for business.

Question

Quizplus · Accepted Answer

The production era (late 1800s to early 1900s) is known for the development of specialized jobs, assembly line production, and increased productivity resulting in lower costs and prices for consumers. This era was characterized by a focus on manufacturing and efficiency, and it saw the rise of big businesses such as Ford and General Electric.

The Production Era Is Recognized For