Fordism

E54561

Fordism is a system of mass production and industrial management characterized by assembly-line manufacturing, high wages, and standardized products, pioneered in the early 20th century automobile industry.


Statements (50)
Predicate Object
instanceOf economic model
industrial production system
management theory
associatedWithPolicy five-dollar day wage policy
shorter working day
contrastedWith craft production
flexible specialization
post-Fordism
corePrinciple continuous flow production
minimization of worker movement
product standardization reduces costs
separation of conception and execution of work
workers should be able to buy the products they make
emergedInDecade 1910s
emergedInIndustry automobile industry
emergedInPeriod early 20th century
firstImplementedAt Ford Highland Park plant
geographicallyAssociatedWith Detroit
United States
hasCharacteristic assembly-line manufacturing
centralized management control
collective bargaining with unions
deskilled labor
economies of scale
high throughput production
high wages for workers
intensive division of labor
limited product variety
low unit costs
mass consumption orientation
mass production
scientific management influence
stable long-term employment model
standardized products
standardized work routines
standardized workday
time-and-motion efficiency
use of specialized machinery
vertical integration
historicalPhase dominant in mid-20th-century advanced economies
influenced industrial relations systems in the 20th century
post-war economic growth models
urbanization patterns around factories
welfare capitalism practices
influencedBy Taylorism
scientific management
namedAfter Henry Ford
pioneeredBy Ford Motor Company
Henry Ford
typicalProductExample Ford Model T

Referenced by (1)
Subject (surface form when different) Predicate
Henry Ford
knownFor

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