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We Live In A
Massive Economy
(Editor's note: This is one of a series on consumer education by Don L. Long, Virginia Tech professor in agricultural economics and extension economist.) >
BLACKSBURG - It’s a “massive” economy we live in. To get and maintain our standard of living with its abundance and low cost we pretty much depend on three masses; mass production, mass distribution and marketing and mass consumption.
Mass production needs little description. The miracle of mass production in automobiles, in food, in clothing and the million and one other things we grow and manufacture is well known. It would be very. difficult to enjoy life as we do without a base of efficient, rapid, low cost mass production such as we have.
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