Final answer:
The statement about firms approaching one-to-one marketing through mass customization is true. The market revolution dramatically affected the U.S. economy and society by industrializing production.
Additionally, Francis Cabot Lowell's creation of the first integrated textile mill in New England is a true historical fact.
Step-by-step explanation:
The statement that some firms come close to one-to-one marketing by employing mass customization can be considered true. Mass customization is a strategy that combines the personalization of custom-made products with the low unit costs associated with mass production.
Customers receive tailored products that meet their specific needs or desires, which approximates one-to-one marketing, where each customer is treated as a unique segment.
Historically, the market revolution indeed brought many social and economic changes to the United States. This period saw the rise of industrialization, changing the traditional hand-made goods to machine-made products, and factories replaced artisan workshops.
This shift helped set the foundation for later business strategies such as mass customization.
Moreover, Francis Cabot Lowell built the first integrated textile mill in New England, which is a true fact.
Lowell's mill incorporated all stages of textile production in one facility, greatly boosting efficiency and setting a precedent for future manufacturing processes, indirectly supporting the rise of mass customization.