The production era is recognized for which of the following?
A) increasingly specialized jobs, resulting in higher productivity and lower costs and prices
B) the rise of monopoly power, giving big business the ability to raise prices almost at will
C) creating satisfied customers who acted as advocates for business
D) power shifting away from business toward consumers

Question

Quizplus · Accepted Answer

The production era is characterized by an emphasis on efficiency and productivity through specialization of jobs, which leads to lower costs and prices. This era is also associated with the development of mass production techniques and assembly line production.

The Production Era Is Recognized for Which of the Following