Which of the Following Is a Characteristic of a Post-Fordist

question 72

Multiple Choice

Which of the following is a characteristic of a post-Fordist economic market?

• A) Relatively self-contained labour markets
• B) Wages set by collective bargaining
• C) Flexible, specialized mass production
• D) Highly formalized and confrontational labour relations
• E) Income inequalities stable or falling

---

Definitions:

Productivity

The measure of how efficiently goods and services are produced, often assessed by the output per unit of input, such as labor or capital.

Graze Cattle

The process of feeding cattle by allowing them to roam and eat grass or other ground vegetation.

Agree

To have the same opinion about something or to consent to a proposal or view.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money they borrow from a lender.