Examlex
Which of the following is an important cause of inflation in an economy?
Standardization
The process of developing and implementing technical standards to ensure consistency, safety, and interoperability of products and services.
George Ritzer
George Ritzer is a prominent American sociologist known for his contributions to consumer culture theory, globalization, and his concept of McDonaldization.
McDonaldization
The process by which the principles of the fast-food industry, such as efficiency and standardization, have come to dominate other sectors of society.
Calculability
A principle, often related to rationalization and modernity, emphasizing quantification and measurement in decision-making processes.
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