A system of mass production characterized by standardized products, assembly-line manufacturing, and high wages, originated in the early 20th century. This approach revolutionized industrial production by breaking down complex tasks into simpler, repetitive operations performed by specialized workers. A prime illustration is the automotive industry during its early expansion, where vehicles were produced at an unprecedented scale and affordability.
The significance of this manufacturing model lies in its ability to drastically increase output and lower costs, leading to greater consumer access to goods. Historically, it contributed to the growth of the middle class by providing relatively well-paying jobs for unskilled labor. However, it also led to concerns about worker alienation due to the monotonous nature of the work and the potential for overproduction.