Tuesday 21 March 2017

Mass Production affect the price of consumer goods

Goods could be made for the broadest possible market. Anything that consumers needed or desired could be made in larger quantities and thus resulted in the most affordable price of any product for the consumer without the manufacturer having to sacrifice profits. Mass production techniques such as assembly line which have helped reduce production cost.

While mass production is now the norm for consumer goods, there remains a demand for handmade products at higher prices, which may or may not be of superior quality.
Other products that are handmade rather than mass-produce and fetch higher prices that are out of the average consumer budget which include designer gowns, jewelry and leather goods. They have machine-made, mass produced counterparts, and purists insist that it takes a trained eye to spot the difference.
The only thing that cannot be mass produced but is still demand by collectors would be artwork, such as painting and sculptures. While they can be reproduced and mass produced, there can be only one original. There is, for example, only one Mona Lisa, but knock-offs can be created by any talented artist adept at copying the masterpiece.

No comments:

Post a Comment