Define and Discuss on Post-Fordism

Basic purpose of this report is to Define and Discuss on Post-Fordism. Post-Fordism is the name given by some scholars about the they describe as dominant system of financial production, consumption and connected socio-economic phenomena. It is actually contrasted with Fordism, the machine formulated in Henry Ford’s vehicle factories, in which workers develop a production line, undertaking specialized tasks repetitively. Definitions with the nature and scope associated with Post-Fordism vary considerably and are also a matter of controversy among scholars. Here briefly discuss on Post-Fordism Theories and characteristics.