Question

What does Corporation and mass production have in common(industrial revolution)

Answer 1

Answer:

A corporation is a legal entity that is separate and distinct from its owners. 1 Under the law, corporations possess many of the same rights and responsibilities as individuals. They can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes. Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automation technology. Mass production facilitates the efficient production of a large number of similar products. Mass production is also referred to as flow production, repetitive flow production, series production, or serial production. In mass production, mechanization is used to achieve high volume, detailed organization of material flow, careful control of quality standards, and division of labor. An early example of the demand for standardized products in large quantities came from military organizations and their need for uniforms and other supplies. Precision machining equipment has led to large-scale demand for mass-produced products created cheaply with small workforces.

Explanation:

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