Unit 5 (changes as a result of the world economy *2) Flashcards
1
Q
Fordist method of production
A
Production process took place in one location (pretty much an assembly line)
2
Q
Post-Fordist method of production
A
- Flexible production (different components of production occur in different places)
- Just-in-time delivery (companies order raw materials after seeing the demand of the product)
- Outsourcing (companies hiring other companies to be responsible for a certain activity)