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Definition of direct production?
Definition from Financial Times Lexicon: When someone produces all the things they need using their own efforts and skills, without the advantages of specialization (concentrating on producing only one product) or the division of labour (using different people to do different jobs). Direct production is more an economic model than a real production method.
Advantages and disadvantages of nominal scale?
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
Describe four advantages of using price as an allocating mechanism?
Advantages of using price as an allocating mechanism are that it's a basic system and is already well-known. Other advantages are that it's easy to understand and the principles are universal in nature.
What are the main advantages for the highway agency of using a PEST analysis?
the advantages main advantages for highway agency by using PEST are: - it helps highway agency to decide on policy and services - it helps to provide good public service and value for taxpayers money
What advantages of using computers in decision support?
there are types of processor
How did using interchangeable parts change factory work?
Interchangeable parts made production faster and easier
What method of production was used to mass produce goods?
Assembly lines in factories (versus home manufacture), using interchangeable parts.
Was world war 2 the first war to use mass produced machines?
No. Mass production of firearms using interchangeable parts started circa 1800.
What car was first to have all of its parts interchangeable?
The Oldsmobile Curved Dashautomobile was the first vehicle mass produced on an assembly line using interchangeable parts from 1901 to 1907.
Who was the Man who demonstrated the possibility of using interchangeable parts by assembling guns from a pile of parts?
Sam Colt
Advantages of using fertilizers?
The production is significantly increased.
Developed the idea of using interchangeable parts to build and repair goods.?
Eli Whitney
How did using interchangeable parts change the make up of the labor force in early 1800s?
Interchangeable parts meant that you could have many inexperienced workers each making a part of the whole machine.
How did using interchangeable parts change the make up of the labor force in the early 1800?
Interchangeable parts meant that you could have many inexperienced workers each making a part of the whole machine.
What are the advantages of using a bratt pan?
Advantages of using a brat pan in the food production area Advantagesof using a brat pan in the food production area of using a brat pan in the food production areaof using a brat pan in the food production area
How did using interchangable parts change the makeup of the labor force?
Using interchangeable parts allowed for the mass production of goods, increasing demand for unskilled laborers to operate machines and assemble products. This shift in labor force composition led to the decline of skilled craftsmen and the rise of factory workers in manufacturing industries.
Who is credited with putting the concept of using mass produced interchangeable parts into practice?
Eli Whitney and Cyrus McCormick
