Mass production has been used since the industrial revolution as a means of creating large quantities of standardized products. It has many advantages over one-at-a-time production. It reduces coast and provide interchangeable parts.  Its disadvantages are that it can over produce and it dehumanizes labor.

Mass production will often continue to build inventory in spite of an economic slump. Large inventories can lead to massive layoffs. Unemployment reduces consumption and a viscous circle ensues.

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