Anonymous asked in Education & ReferenceWords & Wordplay · 9 years ago

What does fordism mean?

Ive heard this term, and have no idea what it is, and how it has relation to canadian labour

1 Answer

  • Vamp
    Lv 7
    9 years ago
    Favorite Answer

    It is a politico-economic system based on mass production where the labourer is paid relatively high wages in order to buy high numbers of mass produced goods.

    It refers to the mass production practices of Henry Ford and is usually used as a description by Marxist commentators. It is typified by a cycle of mass consumption and mass production.

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