Final answer:
The factory system led to lower prices, a wider variety of goods, and greater product availability for consumers, while also changing the labor market and overall economic landscape.
Step-by-step explanation:
The introduction of the factory system had several effects on consumers, particularly:
- Lower prices: The mechanization and scale of the factory system reduced production costs, leading to more affordable goods for consumers.
- Wider variety: Factories were able to produce a diverse array of products, increasing the variety of goods available to consumers.
- More products: Increased efficiency and productivity in factories led to a greater quantity of goods produced.
Although the factory system provided these benefits to consumers, it also had negative consequences, such as the exploitation of labor and the homogenization of products as a result of McDonaldization. Labor conditions in factories were often poor and required organization and advocacy for worker's rights.