The List of 5Ss, Although It Looks Like a Housekeeping

question 18

Multiple Choice

The list of 5Ss, although it looks like a housekeeping directive, supports lean production by:

• A) identifying non-value items and removing them, in the "sort/segregate" category.
• B) reducing inventory, in the "standardize" category.
• C) increasing variability through standardized procedures, in the "standardize" category.
• D) eliminating wasted motion through ergonomic studies, in the "support" category.
• E) building good safety practices, in the "shine/sweep" category.

Identify the roles and impacts of government in economic systems.

Recognize the importance of competition and the price mechanism in economic systems.

Analyze the historical and contemporary examples of economic systems in action, including communist and capitalist countries.

Discuss the concept of private vs. public ownership of resources and its implications for economic output and efficiency.

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Definitions:

Demographic Changes

Shifts in the composition of a population over time, including factors like age, race, and gender distributions.

Total Fertility Rate

The average number of children that would be born to a woman over her lifetime, given current birth rates at each age.

African American

A term used to describe Americans of African ancestry, particularly those whose ancestors were enslaved and brought to the United States.

Latino Populations

Communities or demographic groups in the United States consisting of individuals from Latin American countries or backgrounds.