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Explain the concept of McDonaldization. Why is it called "McDonaldization"? What are the four characteristics that define this process? Describe concretely how each of the four characteristics worked in fast food.
Life Insurance
A contract between an insurer and a policyholder in which the insurer guarantees payment to named beneficiaries upon the death of the insured.
Disability Insurance
A type of insurance coverage that provides income in the event that a worker is unable to perform their work and earn money due to a disability.
Educational Expense Assistance
Programs or benefits provided by an employer to help cover education-related costs for their employees, often to encourage continuous learning and development.
Skill Obsolescence
The phenomena where skills become outdated or irrelevant due to technological advancement or changes in the industry.
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