(1) What is faradism and what role did it play in US manufacturing? (2) What brought about the economic crisis of the 1970s and what

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(1) What is faradism and what role did it play in US manufacturing?

(2) What brought about the economic crisis of the 1970s and what were some of the results?

(3) What is flexible specialization and how does this model differ from Faradism?

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1 Faradism is a mechanism of mass production and consumption strategies of economies that were highly developed in the 1940s1950s During this period both mass consumption and mass production were impl... View full answer

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