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Fordism
From Wiktionary, the free dictionary
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English
Etymology
From Ford + -ism, named after American industrialist Henry Ford (1863–1947).
Noun
Fordism (uncountable)
- An economic and social system based on industrial mass production, where the worker is paid relatively high wages in order to buy in large quantity the products turned out in mass production.
Derived terms
Translations
Fordism
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