Find the word definition

Wikipedia
Post-Fordism

Post-Fordism is 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:

  • Small-batch production
  • Economies of scope
  • Specialized products and jobs
  • New information technologies
  • Emphasis on types of consumers in contrast to previous emphasis on social class
  • The rise of the service and the white-collar worker
  • The feminization of the work force