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The American system of manufacturing was a set of manufacturing methods that evolved in the 19th century. [1] The two notable features were the extensive use of interchangeable parts and mechanization for production, which resulted in more efficient use of labor compared to hand methods.
The term American system of manufacturing was sometimes applied to them at the time, in distinction from earlier methods. Within a few decades such methods were in use in various countries, so American system is now a term of historical reference rather than current industrial nomenclature.
Fordism is "the eponymous manufacturing system designed to produce standardized, low-cost goods and afford its workers decent enough wages to buy them." [ 2 ] It has also been described as "a model of economic expansion and technological progress based on mass production: the manufacture of standardized products in huge volumes using special ...
The American System was an economic plan that played an important role in American policy during the first half of the 19th century, rooted in the "American School" ideas of Alexander Hamilton. [ 1 ] A plan to strengthen and unify the nation, the American System was advanced by the Whig Party and a number of leading politicians including Henry ...
Historically, it was also known as the workshop system and the domestic system. In putting-out, work is contracted by a central agent to subcontractors who complete the project via remote work . It was used in the English and American textile industries, in shoemaking , lock -making trades, and making parts for small firearms from the ...
Boston Manufacturing Co., Waltham, Massachusetts The Waltham-Lowell system was a labor and production model employed during the rise of the textile industry in the United States, particularly in New England, during the rapid expansion of the Industrial Revolution in the early 19th century.
Another main criticism is that we are too much in the midst to judge whether or not there really is a new system of production. [ 20 ] The term "post-Fordism" is gradually giving way in the literature to a series of alternative terms such as the knowledge economy , cognitive capitalism , the cognitive-cultural economy and so on.
American System (economic plan), an 1800s economic program of Henry Clay and the Whig Party based on the "American School" ideas of Alexander Hamilton; American system, an informal name for the Universal Numbering System dental notation introduced in the US in the 1800s; American system of manufacturing, a set of manufacturing methods that ...