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

Time serie, uses of time series in indian economy

uses of time series in indian economy

What is exchange rate, Q. What is Exchange Rate? Exchange Rate: The ‘pr...

Q. What is Exchange Rate? Exchange Rate: The ‘price' at which currency of one country can be converted into the currency of another country. A country's currency is ‘strong,'or

Returns to scale, Returns to Scale Measuring relationship between scale...

Returns to Scale Measuring relationship between scale (size) of a firm and output 1. Increasing returns to scale: output more than doubles when all the inputs are doubled

Available resources with the desired goals, Available resources with the de...

Available resources with the desired goals: To match the available resources with the desired goals: The complementary nature of some investment decisions make for planning. T

Economics, Ask questiowhat are the importance of the branches of economics

Ask questiowhat are the importance of the branches of economics

Indifference curve, what is indifference curve''s theory and application

what is indifference curve''s theory and application

Explain the terms trade and the balance of trade, Distinguish between the t...

Distinguish between the terms of trade and the balance of trade. Basic explanation of the terms of trade as the average price of exports in relation to the average price of imp

Mixed economics, Mixed Economic System and how can this system solve the ec...

Mixed Economic System and how can this system solve the economic problem, with example?

Long-run supply of housing , The Long-Run Supply of Housing * Scenario...

The Long-Run Supply of Housing * Scenario 1: Owner-occupied housing - Suburban or rural areas - National market for inputs * Questions - Is this an increasing or co

Question, Briefly discuss the components of macroeconomics system with suit...

Briefly discuss the components of macroeconomics system with suitable explanation

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