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Fordism was a business approach named after Henry Ford, where companies used mass production ( creating mass standardized units ) to lower prices, therefore being able to increase the wages and decrease the hours of work for workers. This "better treatment" of workers lead to better productivity and a constant flow of new workers ( for mass production ) which in turn contributed to the lower prices. Because of mass production, he workers would be able to specialize in a certain area, also contributing to the increase of productivity which ultimately lead to the increase in the development of the company.
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What is fordism?
Fordism, named after Henry Ford, is a notion of a modern economic and social system based on an industrialized and standardized form of mass production. The concept is used in various social theories and management studiesabout production and related socio-economic phenomena.[ 1] It is also related to the idea of mass consumption and changes of working condition of workers over time. Nowadays different theoretical positions assume that Fordism has either been replaced or continues to exist in various forms.Post-Fordism (also named Flexibilism) is the name given by some scholars to what they describe as the dominant system of economic production, consumption and associated socio-economic phenomena, in most industrialized countries since the late 20th century. It is contrasted with Fordism, the system formulated in Henry Ford's automotive factories, in which workers work on a production line, performing specialized tasks repetitively. Definitions of the nature and scope of Post-Fordism vary considerably and are a matter of debate among scholars.Post-Fordism is characterized by the following attributes:[ 1]Small-batch productionEconomies of scopeSpecialized products and jobsNew information technologiesEmphasis on types of consumers in contrast to previous emphasis on social classThe rise of the service and the white-collar workerThe feminization of the work forcesource: wikipedia...
How did Fordism affect American labor?
reduced worker's desire to join unions-APEX
