Fordism

Ford's assembly-line mass production and consumption manufacturing system

Fordism is an industrial engineering and manufacturing system that serves as the basis of modern social and labor-economic systems that support industrialized, standardized mass production and mass consumption. The concept is named after Henry Ford. It is used in social, economic, and management theory about production, working conditions, consumption, and related phenomena, especially regarding the 20th century.

From Wikipedia, under CC BY-SA. More on occurri.