Final answer:
Technological advancements have led to lower consumer product prices due to automation and information economy.
Explanation:
Technological advancements have significantly contributed to driving down the price of consumer products today. Automated production, innovations in transportation, availability of new materials, and the development of modern information technology have all played a crucial role. For example, the transition to an information economy where computerized robots handle manufacturing tasks and the growth of Internet-based industries have led to lower production costs and prices.
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