Fordism

<p>Fordism is an <a href="/facts/Industrial_engineering/TjInYQeC">industrial engineering</a> and manufacturing system that serves as the basis of <a href="/facts/Modernity/kkpjFrpr">modern</a> social and labor-economic systems that support industrialized, standardized <a href="/facts/Mass_production/31Cmgjuc">mass production</a> and <a href="/facts/Mass_consumption/H6eTfoeJ">mass consumption</a>. The concept is named after <a href="/facts/Henry_Ford/BnDDXRrs">Henry Ford</a>. It is used in <a href="/facts/Social_theory/vJF8Fp5m">social</a>, <a href="/facts/Economic_theory/HYctA2Dn">economic</a>, and <a href="/facts/Management_theory/GVfa43B6">management theory</a> about <a href="/facts/Economic_production/G5mF3WkI">production</a>, <a href="/facts/Working_conditions/Mm5qu442">working conditions</a>, <a href="/facts/Economic_consumption/k3eeT8bw">consumption</a>, and related phenomena, especially regarding the 20th century. It describes an ideology of advanced capitalism centered around the American socioeconomic systems in place in the post-war economic boom.
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Fordism open-in-new

Fordism