The manufacturing of cars, guns and fast food are examples of mass production. Mass production is a method of producing goods in large quantities at a low cost per unit. The machine tool industry gave rise to the idea of... More »

The production concept emphasizes large-scale production at a low cost: it may help companies produce large volumes, offered at good prices, to consumers, but that might result in lesser-quality products and preclude com... More »

Mass production's advantages include simplification of the production process, efficiency in the production process and consistency in the finished products. Mass production frequently outpaces the slow, labor-intensive ... More »

Major industries in Denmark include manufacturing, chemical production, oil, gas, agriculture and construction. In manufacturing, nearly all of the electronics produced in Denmark are exported, including microphones, mea... More »

Fordism was a production process that focused on economical mass production by unskilled laborers who performed the same routine assembly-line tasks. One of Henry Ford's philosophies was to pay workers above-standard wag... More »

The main jobs in Italy are in the tourism industry, the automobile industry and textile manufacturing. The service sector accounts for the most jobs in Italy, employing 61.9 percent of the of the Italian workforce. Examp... More »

Some of the economic issues faced by Americans in 2015 include a decline in manufacturing and the accompanying reduction in American blue-collar jobs. In addition, income inequality continues to dampen the American econo... More » World View Social Sciences Economics