Year 1908, 1927

Question

Price $825, $290

Use the chart to answer the question.

Which factor best accounts for the price change in the Model T automobile?

(1 point)

low demand

organized labor

mass production

wartime inflation

Answer 1

The factor that best accounts for the price change in the Model T automobile from $825 in 1908 to $290 in 1927 is mass production.

Mass production techniques, particularly those pioneered by Henry Ford, significantly reduced production costs and allowed for lower retail prices. This is the primary reason for the substantial decrease in the price of the Model T over the years.