Explain the term fordism, Microeconomics

Assignment Help:

Explain the term Fordism

Between approximately 1890 and 1930-or perhaps 1890 and 1950-a host of innovative technologies and business practices were adopted in the US. Europeans speak of 'Fordism': taking the part--Henry Ford's assembly lines in Detroit and his mass production of the Model-T Ford--for the whole. The fact that other industrial economies were unable to fully adopt American technologies of mass production and mass distribution in the first half of the 20th century gave the U.S. a unique level of industrial dominance and technological leadership in the years after 1950.

 


Related Discussions:- Explain the term fordism

Rent control, Assume that the market equilibrium rent for two-bedroom apart...

Assume that the market equilibrium rent for two-bedroom apartments in Santa Monica, California is $1500 per month and the quantity is 40,000 units. The city council of Santa Monica

Is lm model, why slopes of is and lm curves affect effectivness of fiscal a...

why slopes of is and lm curves affect effectivness of fiscal and mnetary policy?

Free trade, is country beter off with ban on imports?

is country beter off with ban on imports?

Production function curve, different types of production funtion and curve ...

different types of production funtion and curve given by different economist

Competitive equilibrium, Let Consider the following insurance market. There...

Let Consider the following insurance market. There are two states of the world, B and G , and two types of consumers, H and L, who have probabilities p H =0.5 and p L

Assignment, illustrate graphically the influence of an increase in immigran...

illustrate graphically the influence of an increase in immigrants on the market supply of labour

Consumer theory, what are the similarities and differences of marginal prod...

what are the similarities and differences of marginal productivity and marginal utility

Micro., what is the theory of second best? prove the theorem with the help ...

what is the theory of second best? prove the theorem with the help of a diagram.

Draw a graph of the market for reserves, During summer of 2006, China incre...

During summer of 2006, China increased their reserve requirement for the banking system while maintaining a fixed target for the interbank lending interest rate. Draw a graph of th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd