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Fordism

By Lucy Shaninghale, Brendan Davis (Editor), Georgy Musky (Translator)
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$1.18
By Lucy Shaninghale, Brendan Davis (Editor), Georgy Musky (Translator)
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Fordism describes modern economic and social systems based on industrialized, standardized mass production and mass consumption. The concept (named for Henry Ford) is used in social, economic, and management theory about production, working conditions, consumption, and related phenomena, especially regarding the 20th century. Overview Fordism is "the eponymous manufacturing system designed to spew out standardized, low-cost goods and afford its workers decent enough wages to buy them".

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