Why were model t prices low in the 1920's?

Model T prices were low in the 1920s primarily due to Henry Ford's innovative mass production techniques, particularly the assembly line, which significantly reduced manufacturing costs. This efficiency allowed Ford to sell the cars at a lower price, making them accessible to a broader segment of the population. Additionally, economies of scale from high production volumes further contributed to keeping prices down. As a result, the Model T became one of the most affordable automobiles of its time.