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    Companies which have a high demand of product/services will want to design processes which provide minimum throughout times and processes that meet the supply/demand. Dependability as a process objective A process that is designed to be dependable will provide…

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    today. A big part of American history is the Industrial Revolution, when the nation moved from agricultural to a manufacturing industry. With this huge shift in economy came many changes such as the transition to manufacturing by machine, increased production of goods, and the invention of new machinery, and along with these economic changes came social shifts as children were employed to work in factories and immigrants came to the country in pursuit of the American Dream and a better life and…

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    maintaining the roads. Six days every year parishioners helped repair roads. Most roads experienced heavy usage. Six days of repair a year was not enough to fix the roads adequately. There was no signposting and roads were difficult to navigate. Developed production and transportation of coal, which had been the main fuel of the industrial revolution.Since 1770s, wooden rails mines were replaced with iron, hence the already close to the railway construction. In the 1780s, there were the first…

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    The Grand Rapids Chair Company represented a partnership between Grand Rapids sawmills and lumber mills. The site is notable for its adaptation both to changes in ownership and the demands of the furniture industry, through which it impacted the surrounding community of laborers. Sanborn Fire Insurance maps show several additions to the building since its construction, the two largest being the expansion to abut Monroe Street, apparent on the 1912 map, and the Baker Furniture addition, built at…

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    The means of production along with other things are owned by the state or central planning authority in a socialist economy. Hence, competition is removed. “It is due to competition that an economy becomes prosperous.” ( "What Is Socialism, Advantages and Disadvantages of Socialism." What Is Socialism, Advantages and Disadvantages of Socialism. Umar Farooq, 21 Dec. 2011. Web. 27 Oct. 2015.) With the non-existence of competition between markets, businesses, growth-oriented companies, etc.,…

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    The Industrial Revolution occurred from 1750-1900. During the Industrial Revolution many inventions helped the world go from an agricultural society to an industrial society. The inventions helped people perform certain tasks more efficiently and rely less on human labor. The steam engine, spinning jenny and the cotton gin are examples of inventions during this time. The steam engine does mechanical work by using steam from boiling water to power it. In 1698 Thomas Savery patented the first…

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    Economic Freedom Imagine a world where capitalism was the only ideology. What would it look like? Well, in general, there would be little to no governmental intervening or help given to the people and all businesses would be run and maintained by the citizens instead of the government. However, there are some problems with this totally capitalistic world, especially with corruption involved. To avoid these problems, a socialist view can be inputted instead of capitalist. Socialism is the…

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    promotes education. Socialism, a general term for the political and economic theory, advocates a system of collective or government ownership and management of the means of production and distribution of goods.…

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    Revolution: Uses and Challenges Past industrial revolutions revolved around different productions, leading to humankind becoming independent from relying on animals to do work and improve the standard of living. [2] The first revolution used mechanical technology like water and steam to generate power and also produce products. The second revolution used electrical technology to generate large power for mass production. The third revolution used automation technology like electronics and…

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    Fordism became achievable by a combination of lower prices and higher wages. It was paid for by higher productivity squeezed from economies of scale, assembly-line production, and “scientific” management. This was also referred to as “Taylorism”. One result was that the price of cars fell significantly, making car ownership possible for a widening segment of society and drawing more people into the infill suburbs between…

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