Final answer:
The introduction of the moving assembly line by Henry Ford allowed for mass production with increased efficiency, utilizing standardized parts and tasks that could be performed by low or semi-skilled workers.
Step-by-step explanation:
The moving assembly line introduced by Henry Ford is indeed an example of the development of mass production based on large volumes of standardized goods produced using low or semi-skilled workers and highly specialized equipment. The introduction of the moving assembly line by Ford Motor Company transformed the production of the Model T, allowing for significant increases in efficiency. By having a car's chassis move down the line, each worker could stand in one place and complete one simple task, improving production speed and consistency. The use of standardized parts and specialized labor, where each worker performed a very specific operation in the assembly of an automobile, can be directly attributed to this innovation.
Answer: True