1908 $825
1927 $290
Question
Use the chart to answer the question.
Which factor best accounts for the price change in the Model T automobile?
(1 point)
Responses
low demand
low demand
organized labor
organized labor
mass production
mass production
wartime inflation
1 answer
The factor that best accounts for the price change in the Model T automobile is mass production.
The price of the Model T significantly decreased from 1908 to 1927 due to the implementation of mass production techniques, which allowed for more efficient manufacturing processes and economies of scale, ultimately reducing costs and selling prices.
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